Sagespring Wealth Partners LLC Trims Stock Position in iShares S&P 100 ETF $OEF

Sagespring Wealth Partners LLC decreased its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 273,055 shares of the company’s stock after selling 4,465 shares during the period. iShares S&P 100 ETF accounts for 0.8% of Sagespring Wealth Partners LLC’s investment portfolio, making the stock its 22nd largest holding. Sagespring Wealth Partners LLC’s holdings in iShares S&P 100 ETF were worth $93,650,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in iShares S&P 100 ETF by 82.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,736,206 shares of the company’s stock worth $3,573,439,000 after acquiring an additional 4,846,586 shares in the last quarter. BlueCrest Capital Management Ltd acquired a new position in iShares S&P 100 ETF in the third quarter valued at $307,934,000. CWM LLC grew its holdings in shares of iShares S&P 100 ETF by 127.5% during the third quarter. CWM LLC now owns 1,163,773 shares of the company’s stock worth $387,350,000 after purchasing an additional 652,134 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares S&P 100 ETF by 27.8% during the third quarter. JPMorgan Chase & Co. now owns 2,680,787 shares of the company’s stock worth $892,274,000 after purchasing an additional 583,087 shares during the last quarter. Finally, SoundView Advisors Inc. acquired a new stake in shares of iShares S&P 100 ETF during the third quarter worth about $182,139,000.

iShares S&P 100 ETF Stock Performance

OEF opened at $317.57 on Friday. iShares S&P 100 ETF has a one year low of $232.57 and a one year high of $349.08. The stock has a market capitalization of $27.20 billion, a P/E ratio of 27.17 and a beta of 1.00. The business’s 50-day simple moving average is $336.92 and its 200-day simple moving average is $337.29.

iShares S&P 100 ETF Profile

iShares S&P 100 ETF, formerly iShares S&P 100 Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.