Elevation Point Wealth Partners LLC Reduces Holdings in iShares S&P 100 ETF $OEF

Elevation Point Wealth Partners LLC trimmed its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 83.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,842 shares of the company’s stock after selling 9,303 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares S&P 100 ETF were worth $586,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in OEF. First Trust Advisors LP raised its stake in iShares S&P 100 ETF by 84.9% in the 2nd quarter. First Trust Advisors LP now owns 5,736 shares of the company’s stock valued at $1,746,000 after purchasing an additional 2,633 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in iShares S&P 100 ETF by 78.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 2,233 shares of the company’s stock valued at $680,000 after purchasing an additional 981 shares in the last quarter. HUB Investment Partners LLC acquired a new stake in shares of iShares S&P 100 ETF during the 2nd quarter worth about $209,000. Diversify Advisory Services LLC boosted its stake in shares of iShares S&P 100 ETF by 3.5% during the 2nd quarter. Diversify Advisory Services LLC now owns 3,970 shares of the company’s stock worth $1,269,000 after purchasing an additional 135 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares S&P 100 ETF during the second quarter worth about $1,269,000.

iShares S&P 100 ETF Price Performance

NYSEARCA:OEF opened at $368.25 on Wednesday. The firm has a 50 day simple moving average of $366.54 and a 200-day simple moving average of $347.20. The firm has a market cap of $20.24 billion, a PE ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 1-year low of $304.54 and a 1-year high of $379.02.

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.