Sovereign Financial Group Inc. lessened its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF – Free Report) by 65.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & 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 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the company. First Trust Advisors LP lifted its position in 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 valued at $1,746,000 after purchasing an additional 2,633 shares during the period. Qube Research & Technologies Ltd grew its position in shares of iShares S&P 100 ETF by 78.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,233 shares of the company’s stock worth $680,000 after buying an additional 981 shares during the period. HUB Investment Partners LLC acquired a new stake in shares of iShares S&P 100 ETF during the 2nd quarter worth approximately $209,000. Diversify Advisory Services LLC raised its stake in shares of iShares S&P 100 ETF by 3.5% during the second quarter. Diversify Advisory Services LLC now owns 3,970 shares of the company’s stock worth $1,269,000 after buying an additional 135 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 100 ETF during the second quarter worth approximately $1,269,000.
iShares S&P 100 ETF Price Performance
Shares of NYSEARCA OEF opened at $365.60 on Tuesday. 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. The firm has a market capitalization of $20.18 billion, a P/E ratio of 27.17 and a beta of 1.03.
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.
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