DAVENPORT & Co LLC Raises Holdings in iShares S&P 100 ETF $OEF

DAVENPORT & Co LLC grew its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 14.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,064 shares of the company’s stock after buying an additional 502 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares S&P 100 ETF were worth $1,237,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in OEF. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 100 ETF by 499.5% during the first quarter. Envestnet Asset Management Inc. now owns 4,102,712 shares of the company’s stock worth $1,111,138,000 after purchasing an additional 3,418,304 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares S&P 100 ETF by 126.3% during the first quarter. LPL Financial LLC now owns 1,798,912 shares of the company’s stock worth $487,199,000 after purchasing an additional 1,003,899 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of iShares S&P 100 ETF by 3,712.4% during the first quarter. Focus Partners Wealth now owns 763,435 shares of the company’s stock worth $206,761,000 after buying an additional 743,410 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares S&P 100 ETF by 43.1% during the first quarter. JPMorgan Chase & Co. now owns 2,036,782 shares of the company’s stock worth $551,622,000 after buying an additional 613,679 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in shares of iShares S&P 100 ETF by 1,265.6% during the first quarter. Kestra Advisory Services LLC now owns 632,327 shares of the company’s stock worth $171,253,000 after buying an additional 586,022 shares during the last quarter.

iShares S&P 100 ETF Stock Down 2.8%

NYSEARCA OEF opened at $326.65 on Friday. iShares S&P 100 ETF has a 52-week low of $232.57 and a 52-week high of $337.67. The business’s 50-day moving average price is $324.61 and its 200 day moving average price is $298.99. The firm has a market cap of $27.18 billion, a P/E ratio of 27.17 and a beta of 0.99.

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.