NewEdge Wealth LLC Sells 85 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

NewEdge Wealth LLC lessened its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 0.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,396 shares of the company’s stock after selling 85 shares during the period. NewEdge Wealth LLC’s holdings in iShares S&P 100 ETF were worth $4,736,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of OEF. Kovitz Investment Group Partners LLC raised its holdings in iShares S&P 100 ETF by 8,529.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock worth $103,375,000 after acquiring an additional 371,267 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in iShares S&P 100 ETF by 28,806.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 228,936 shares of the company’s stock worth $66,128,000 after acquiring an additional 228,144 shares in the last quarter. Quantum Financial Advisors LLC bought a new stake in iShares S&P 100 ETF during the fourth quarter worth about $62,836,000. Lockheed Martin Investment Management Co. bought a new stake in iShares S&P 100 ETF during the fourth quarter worth about $39,110,000. Finally, Cerity Partners LLC raised its holdings in iShares S&P 100 ETF by 390.5% during the third quarter. Cerity Partners LLC now owns 159,901 shares of the company’s stock worth $44,254,000 after acquiring an additional 127,304 shares in the last quarter.

iShares S&P 100 ETF Stock Down 1.9 %

NYSEARCA:OEF opened at $285.09 on Friday. The stock’s 50 day moving average price is $293.47 and its two-hundred day moving average price is $284.10. The firm has a market capitalization of $14.80 billion, a price-to-earnings ratio of 28.56 and a beta of 0.99. iShares S&P 100 ETF has a 12-month low of $233.95 and a 12-month high of $300.35.

About iShares S&P 100 ETF

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.