Tennessee Valley Asset Management Partners Has $8.62 Million Stake in iShares S&P 100 ETF (NYSEARCA:OEF)

Tennessee Valley Asset Management Partners trimmed its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,829 shares of the company’s stock after selling 1,467 shares during the period. iShares S&P 100 ETF makes up approximately 1.4% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 13th largest holding. Tennessee Valley Asset Management Partners owned 0.06% of iShares S&P 100 ETF worth $8,616,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Hershey Financial Advisers LLC bought a new position in shares of iShares S&P 100 ETF in the 2nd quarter valued at about $29,000. Hantz Financial Services Inc. boosted its holdings in shares of iShares S&P 100 ETF by 96.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock valued at $49,000 after buying an additional 87 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of iShares S&P 100 ETF by 274.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock valued at $63,000 after buying an additional 159 shares in the last quarter. Eastern Bank acquired a new position in shares of iShares S&P 100 ETF during the 3rd quarter worth about $69,000. Finally, Sugarloaf Wealth Management LLC increased its position in iShares S&P 100 ETF by 30.5% during the third quarter. Sugarloaf Wealth Management LLC now owns 265 shares of the company’s stock worth $73,000 after buying an additional 62 shares during the last quarter.

iShares S&P 100 ETF Trading Down 0.2 %

OEF opened at $298.02 on Monday. The stock’s fifty day simple moving average is $291.63 and its 200 day simple moving average is $278.91. iShares S&P 100 ETF has a 1-year low of $228.59 and a 1-year high of $299.45. The stock has a market cap of $14.36 billion, a PE ratio of 28.76 and a beta of 1.04.

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.