USA Financial Formulas Lowers Position in iShares S&P 100 ETF (NYSEARCA:OEF)

USA Financial Formulas lowered its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 14.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,676 shares of the company’s stock after selling 606 shares during the quarter. USA Financial Formulas’ holdings in iShares S&P 100 ETF were worth $1,017,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of OEF. Fifth Third Bancorp grew its stake in iShares S&P 100 ETF by 1.9% in the second quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock valued at $619,198,000 after purchasing an additional 43,084 shares during the last quarter. Sigma Investment Counselors Inc. lifted its position in iShares S&P 100 ETF by 6.8% during the second quarter. Sigma Investment Counselors Inc. now owns 1,322,000 shares of the company’s stock valued at $349,405,000 after acquiring an additional 84,738 shares during the last quarter. Merriman Wealth Management LLC boosted its stake in iShares S&P 100 ETF by 1.1% in 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 in the last quarter. LPL Financial LLC increased its position 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. lifted its holdings in shares of iShares S&P 100 ETF by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 616,360 shares of the company’s stock valued at $162,904,000 after purchasing an additional 35,071 shares during the last quarter.

iShares S&P 100 ETF Stock Up 0.6 %

OEF opened at $278.67 on Thursday. The company has a market cap of $13.43 billion, a P/E ratio of 28.76 and a beta of 1.04. The firm’s 50-day moving average price is $267.68 and its 200-day moving average price is $259.23. iShares S&P 100 ETF has a 52-week low of $193.00 and a 52-week high of $278.93.

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.