Oakworth Capital Inc. Sells 2,788 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Oakworth Capital Inc. cut its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 2.6% during the 1st quarter, HoldingsChannel reports. The firm owned 104,967 shares of the company’s stock after selling 2,788 shares during the period. iShares S&P 100 ETF accounts for about 2.0% of Oakworth Capital Inc.’s investment portfolio, making the stock its 15th biggest holding. Oakworth Capital Inc.’s holdings in iShares S&P 100 ETF were worth $28,428,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Demars Financial Group LLC increased its position in iShares S&P 100 ETF by 28,231.0% in the fourth quarter. Demars Financial Group LLC now owns 50,716,939 shares of the company’s stock worth $14,649,588,000 after buying an additional 50,537,923 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares S&P 100 ETF by 500.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 408,814 shares of the company’s stock worth $110,719,000 after buying an additional 340,725 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares S&P 100 ETF during the 4th quarter valued at about $91,970,000. Sagespring Wealth Partners LLC lifted its holdings in shares of iShares S&P 100 ETF by 2,865.9% in the 1st quarter. Sagespring Wealth Partners LLC now owns 215,857 shares of the company’s stock valued at $58,461,000 after acquiring an additional 208,579 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in iShares S&P 100 ETF by 803.7% in the first quarter. Janney Montgomery Scott LLC now owns 212,620 shares of the company’s stock worth $57,584,000 after acquiring an additional 189,093 shares in the last quarter.

iShares S&P 100 ETF Stock Up 0.9%

NYSEARCA OEF opened at $301.31 on Friday. The firm has a market capitalization of $20.32 billion, a price-to-earnings ratio of 25.92 and a beta of 0.99. iShares S&P 100 ETF has a 52 week low of $232.57 and a 52 week high of $301.44. The company has a fifty day moving average of $283.05 and a two-hundred day moving average of $283.47.

iShares S&P 100 ETF Company 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.