Sovereign Financial Group Inc. Sells 5,524 Shares of iShares S&P 100 ETF $OEF

Sovereign Financial Group Inc. decreased its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 65.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,926 shares of the company’s stock after selling 5,524 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares S&P 100 ETF were worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP grew its position in shares of iShares S&P 100 ETF by 84.9% during the 2nd quarter. First Trust Advisors LP now owns 5,736 shares of the company’s stock worth $1,746,000 after buying an additional 2,633 shares during the period. Qube Research & Technologies Ltd increased its stake in shares of iShares S&P 100 ETF by 78.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 2,233 shares of the company’s stock valued at $680,000 after acquiring an additional 981 shares during the last quarter. HUB Investment Partners LLC acquired a new stake in shares of iShares S&P 100 ETF in the 2nd quarter valued at approximately $209,000. Diversify Advisory Services LLC raised its position in shares of iShares S&P 100 ETF by 3.5% in the 2nd quarter. Diversify Advisory Services LLC now owns 3,970 shares of the company’s stock valued at $1,269,000 after acquiring an additional 135 shares during the period. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 100 ETF in the 2nd quarter valued at approximately $1,269,000.

iShares S&P 100 ETF Price Performance

iShares S&P 100 ETF stock opened at $365.60 on Tuesday. The firm has a market capitalization of $20.18 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. The company’s 50 day simple moving average is $362.50 and its 200 day simple moving average is $345.60. iShares S&P 100 ETF has a fifty-two week low of $290.39 and a fifty-two week high of $379.02.

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