Quadrant Private Wealth Management LLC Trims Holdings in iShares S&P 100 ETF $OEF

Quadrant Private Wealth Management LLC lowered its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 56.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 13,797 shares of the company’s stock after selling 18,152 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in iShares S&P 100 ETF were worth $4,388,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in OEF. Bartlett & CO. Wealth Management LLC raised its holdings in shares of iShares S&P 100 ETF by 150.2% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 1,011 shares of the company’s stock worth $322,000 after acquiring an additional 607 shares during the period. Modera Wealth Management LLC boosted its position in shares of iShares S&P 100 ETF by 8.3% during the 1st quarter. Modera Wealth Management LLC now owns 1,870 shares of the company’s stock valued at $595,000 after acquiring an additional 143 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of iShares S&P 100 ETF during the 1st quarter valued at about $26,000. Independent Financial Group LLC purchased a new stake in shares of iShares S&P 100 ETF in the first quarter valued at about $1,364,000. Finally, Frazier Financial Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF in the first quarter valued at about $94,000.

iShares S&P 100 ETF Trading Down 1.2%

iShares S&P 100 ETF stock opened at $366.89 on Friday. The company has a 50-day moving average price of $368.48 and a 200 day moving average price of $348.64. iShares S&P 100 ETF has a 12-month low of $306.18 and a 12-month high of $379.02. The stock has a market cap of $20.01 billion, a P/E ratio of 27.17 and a beta of 1.03.

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.