Rhumbline Advisers Reduces Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Rhumbline Advisers lessened its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 46.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 233 shares of the company’s stock after selling 200 shares during the quarter. Rhumbline Advisers’ holdings in iShares S&P 100 ETF were worth $63,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in OEF. Glassman Wealth Services purchased a new position in iShares S&P 100 ETF during the 4th quarter worth approximately $39,000. NBT Bank N A NY grew its stake in iShares S&P 100 ETF by 39.7% during the 4th quarter. NBT Bank N A NY now owns 162 shares of the company’s stock worth $47,000 after buying an additional 46 shares during the last quarter. Fourth Dimension Wealth LLC purchased a new position in iShares S&P 100 ETF during the 4th quarter worth approximately $52,000. Mpwm Advisory Solutions LLC purchased a new position in iShares S&P 100 ETF during the 4th quarter worth approximately $56,000. Finally, Orion Capital Management LLC purchased a new position in iShares S&P 100 ETF during the 4th quarter worth approximately $56,000.

iShares S&P 100 ETF Trading Up 0.9%

Shares of OEF stock opened at $301.31 on Friday. The business’s 50 day moving average is $283.05 and its two-hundred day moving average is $283.47. iShares S&P 100 ETF has a twelve month low of $232.57 and a twelve month high of $301.44. The company has a market capitalization of $20.32 billion, a P/E ratio of 25.92 and a beta of 0.99.

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.