Northstar Asset Management Inc. Cuts Stock Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Northstar Asset Management Inc. trimmed its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 5.9% in the third quarter, HoldingsChannel.com reports. The fund owned 2,091 shares of the company’s stock after selling 132 shares during the period. Northstar Asset Management Inc.’s holdings in iShares S&P 100 ETF were worth $579,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp increased its holdings in iShares S&P 100 ETF by 1.9% during the 2nd quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock worth $619,198,000 after purchasing an additional 43,084 shares during the period. Sigma Investment Counselors Inc. grew its holdings in iShares S&P 100 ETF by 7.2% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,417,510 shares of the company’s stock worth $392,310,000 after acquiring an additional 95,510 shares in the last quarter. Merriman Wealth Management LLC raised its holdings in shares of iShares S&P 100 ETF by 1.1% in the 2nd quarter. Merriman Wealth Management LLC now owns 751,929 shares of the company’s stock valued at $198,735,000 after purchasing an additional 8,108 shares in the last quarter. LPL Financial LLC grew its stake in shares of iShares S&P 100 ETF by 5.7% during the second quarter. LPL Financial LLC now owns 659,918 shares of the company’s stock worth $174,416,000 after purchasing an additional 35,340 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in iShares S&P 100 ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 616,360 shares of the company’s stock valued at $162,904,000 after buying an additional 35,071 shares during the last quarter.

iShares S&P 100 ETF Stock Performance

OEF opened at $278.81 on Wednesday. iShares S&P 100 ETF has a one year low of $205.22 and a one year high of $283.40. The company has a market cap of $13.44 billion, a P/E ratio of 28.76 and a beta of 1.04. The business’s 50-day simple moving average is $274.59 and its 200-day simple moving average is $264.32.

iShares S&P 100 ETF Company 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.