Oakworth Capital Inc. Cuts Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Oakworth Capital Inc. trimmed its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 243,028 shares of the company’s stock after selling 4,163 shares during the quarter. iShares S&P 100 ETF accounts for approximately 4.4% of Oakworth Capital Inc.’s investment portfolio, making the stock its 7th biggest holding. Oakworth Capital Inc.’s holdings in iShares S&P 100 ETF were worth $54,290,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of OEF. Dakota Wealth Management increased its position in shares of iShares S&P 100 ETF by 16.7% in the fourth quarter. Dakota Wealth Management now owns 133,576 shares of the company’s stock valued at $29,839,000 after acquiring an additional 19,074 shares during the last quarter. Adviser Investments LLC increased its position in shares of iShares S&P 100 ETF by 1.6% in the third quarter. Adviser Investments LLC now owns 8,259 shares of the company’s stock valued at $1,657,000 after acquiring an additional 133 shares during the last quarter. Cerity Partners LLC increased its position in shares of iShares S&P 100 ETF by 298.3% in the fourth quarter. Cerity Partners LLC now owns 31,615 shares of the company’s stock valued at $7,063,000 after acquiring an additional 23,677 shares during the last quarter. Park Place Capital Corp acquired a new stake in shares of iShares S&P 100 ETF in the fourth quarter valued at about $51,000. Finally, Private Trust Co. NA increased its position in shares of iShares S&P 100 ETF by 686.5% in the fourth quarter. Private Trust Co. NA now owns 1,573 shares of the company’s stock valued at $351,000 after acquiring an additional 1,373 shares during the last quarter.

iShares S&P 100 ETF Price Performance

NYSEARCA OEF traded down $1.11 during trading on Wednesday, reaching $238.29. 262,350 shares of the company’s stock were exchanged, compared to its average volume of 395,783. The business has a 50 day moving average price of $242.44 and a 200-day moving average price of $224.98. The stock has a market capitalization of $11.27 billion, a P/E ratio of 28.10 and a beta of 0.99. iShares S&P 100 ETF has a fifty-two week low of $185.37 and a fifty-two week high of $248.69.

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.