Highland Capital Management LLC Reduces Holdings in iShares S&P 100 ETF $OEF

Highland Capital Management LLC lowered its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 68.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,281 shares of the company’s stock after selling 2,800 shares during the quarter. Highland Capital Management LLC’s holdings in iShares S&P 100 ETF were worth $439,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. lifted its position in shares of iShares S&P 100 ETF by 37.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 14,479 shares of the company’s stock valued at $4,819,000 after acquiring an additional 3,910 shares in the last quarter. Detalus Advisors LLC boosted its stake in shares of iShares S&P 100 ETF by 19.3% during the third quarter. Detalus Advisors LLC now owns 73,164 shares of the company’s stock valued at $24,352,000 after acquiring an additional 11,852 shares during the last quarter. Apex Wealth Management LLC purchased a new stake in iShares S&P 100 ETF during the 3rd quarter worth about $1,062,000. Capital Investment Advisors LLC purchased a new stake in iShares S&P 100 ETF during the 3rd quarter worth about $548,000. Finally, Affinity Capital Advisors LLC raised its stake in iShares S&P 100 ETF by 3.8% in the 4th quarter. Affinity Capital Advisors LLC now owns 49,121 shares of the company’s stock valued at $16,847,000 after purchasing an additional 1,787 shares during the last quarter.

iShares S&P 100 ETF Trading Up 1.7%

NYSEARCA:OEF opened at $364.37 on Thursday. iShares S&P 100 ETF has a 12-month low of $269.21 and a 12-month high of $364.73. The firm has a market cap of $20.11 billion, a price-to-earnings ratio of 27.17 and a beta of 1.02. The company’s 50-day moving average is $334.10 and its two-hundred day moving average is $338.73.

iShares S&P 100 ETF 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.