Sovran Advisors LLC Sells 16,474 Shares of iShares S&P 100 ETF $OEF

Sovran Advisors LLC cut its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 54.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,676 shares of the company’s stock after selling 16,474 shares during the period. Sovran Advisors LLC’s holdings in iShares S&P 100 ETF were worth $4,350,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in iShares S&P 100 ETF during the 4th quarter valued at about $26,000. Wealth Watch Advisors INC lifted its stake 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 worth $31,000 after purchasing an additional 58 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in iShares S&P 100 ETF in the fourth quarter worth about $32,000. Lodestone Wealth Management LLC purchased a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at approximately $34,000. Finally, Hurley Capital LLC purchased a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at approximately $37,000.

iShares S&P 100 ETF Price Performance

Shares of OEF traded up $2.10 during mid-day trading on Friday, reaching $372.31. 397,481 shares of the company’s stock traded hands, compared to its average volume of 942,764. The stock’s 50-day moving average is $367.60 and its two-hundred day moving average is $347.78. iShares S&P 100 ETF has a 12 month low of $305.89 and a 12 month high of $379.02. The stock has a market cap of $20.44 billion, a P/E ratio of 27.17 and a beta of 1.03.

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.