KPP Advisory Services LLC Sells 2,167 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

KPP Advisory Services LLC reduced its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 18.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,287 shares of the company’s stock after selling 2,167 shares during the quarter. KPP Advisory Services LLC’s holdings in iShares S&P 100 ETF were worth $2,570,000 at the end of the most recent quarter.

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

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA OEF traded down $4.16 during midday trading on Friday, reaching $283.56. 185,238 shares of the company traded hands, compared to its average volume of 272,561. The firm has a market cap of $13.67 billion, a PE ratio of 28.76 and a beta of 1.04. The stock’s 50-day simple moving average is $278.01 and its 200-day simple moving average is $266.66. iShares S&P 100 ETF has a 12 month low of $212.37 and a 12 month high of $290.50.

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.