Patten & Patten Inc. TN Boosts Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Patten & Patten Inc. TN increased its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 36.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 68,009 shares of the company’s stock after purchasing an additional 17,988 shares during the period. iShares S&P 100 ETF makes up about 1.2% of Patten & Patten Inc. TN’s portfolio, making the stock its 18th biggest position. Patten & Patten Inc. TN’s holdings in iShares S&P 100 ETF were worth $18,822,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Fifth Third Bancorp raised its stake in iShares S&P 100 ETF by 1.9% in the second quarter. Fifth Third Bancorp now owns 2,342,784 shares of the company’s stock valued at $619,198,000 after buying an additional 43,084 shares during the last quarter. Sigma Investment Counselors Inc. lifted its stake in shares of iShares S&P 100 ETF by 7.2% during the third quarter. Sigma Investment Counselors Inc. now owns 1,417,510 shares of the company’s stock worth $392,310,000 after buying an additional 95,510 shares during the period. Merriman Wealth Management LLC grew its holdings in shares of iShares S&P 100 ETF by 1.1% during the second quarter. Merriman Wealth Management LLC now owns 751,929 shares of the company’s stock valued at $198,735,000 after buying an additional 8,108 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares S&P 100 ETF by 5.7% in the 2nd quarter. LPL Financial LLC now owns 659,918 shares of the company’s stock valued at $174,416,000 after acquiring an additional 35,340 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in iShares S&P 100 ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 616,360 shares of the company’s stock worth $162,904,000 after acquiring an additional 35,071 shares during the last quarter.

iShares S&P 100 ETF Stock Performance

iShares S&P 100 ETF stock opened at $289.90 on Monday. iShares S&P 100 ETF has a fifty-two week low of $205.56 and a fifty-two week high of $290.39. The company has a market cap of $13.97 billion, a PE ratio of 28.76 and a beta of 1.04. The business’s 50-day simple moving average is $275.71 and its two-hundred day simple moving average is $265.19.

About iShares S&P 100 ETF

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.