Future Financial Wealth Managment LLC Reduces Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Future Financial Wealth Managment LLC lowered its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 93.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,035 shares of the company’s stock after selling 14,142 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in iShares S&P 100 ETF were worth $256,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carlson Capital Management boosted its holdings in iShares S&P 100 ETF by 3.7% in the third quarter. Carlson Capital Management now owns 1,403 shares of the company’s stock valued at $281,000 after purchasing an additional 50 shares during the last quarter. W Advisors LLC grew its position in shares of iShares S&P 100 ETF by 0.3% during the third quarter. W Advisors LLC now owns 25,407 shares of the company’s stock worth $5,098,000 after buying an additional 69 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of iShares S&P 100 ETF by 2.0% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,381 shares of the company’s stock worth $979,000 after buying an additional 85 shares during the last quarter. Synovus Financial Corp raised its holdings in iShares S&P 100 ETF by 2.7% in the third quarter. Synovus Financial Corp now owns 3,416 shares of the company’s stock valued at $685,000 after acquiring an additional 90 shares in the last quarter. Finally, Brighton Jones LLC boosted its stake in iShares S&P 100 ETF by 1.2% during the 4th quarter. Brighton Jones LLC now owns 7,632 shares of the company’s stock valued at $1,705,000 after acquiring an additional 92 shares during the last quarter.

iShares S&P 100 ETF Trading Up 0.7 %

OEF stock traded up $1.90 during mid-day trading on Tuesday, hitting $264.36. 354,491 shares of the company were exchanged, compared to its average volume of 312,363. The company has a market capitalization of $12.74 billion, a PE ratio of 28.76 and a beta of 1.04. The firm has a fifty day simple moving average of $251.19 and a 200 day simple moving average of $240.48. iShares S&P 100 ETF has a twelve month low of $193.00 and a twelve month high of $266.36.

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.