NewEdge Advisors LLC Sells 43,602 Shares of iShares S&P 100 ETF $OEF

NewEdge Advisors LLC decreased its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 46.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,754 shares of the company’s stock after selling 43,602 shares during the quarter. NewEdge Advisors LLC owned 0.09% of iShares S&P 100 ETF worth $18,569,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. NBH Bank bought a new stake in shares of iShares S&P 100 ETF during the 2nd quarter valued at approximately $28,000. Bank of Jackson Hole Trust bought a new position in iShares S&P 100 ETF in the 4th quarter valued at approximately $26,000. Allspring Global Investments Holdings LLC acquired a new stake in iShares S&P 100 ETF in the first quarter valued at approximately $26,000. Wealth Watch Advisors INC boosted its position in iShares S&P 100 ETF by 187.1% in the fourth quarter. Wealth Watch Advisors INC now owns 89 shares of the company’s stock valued at $31,000 after buying an additional 58 shares in the last quarter. Finally, Sarver Vrooman Wealth Advisors acquired a new stake in iShares S&P 100 ETF in the fourth quarter valued at approximately $32,000.

iShares S&P 100 ETF Stock Performance

NYSEARCA OEF opened at $377.20 on Friday. The firm’s fifty day moving average price is $374.85 and its two-hundred day moving average price is $358.25. The stock has a market cap of $20.24 billion, a PE ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a fifty-two week low of $306.84 and a fifty-two week high of $385.05.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.