PNC Financial Services Group Inc. Raises Stake in iShares S&P 100 ETF (NYSEARCA:OEF)

PNC Financial Services Group Inc. lifted its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 3.3% in the third quarter, Holdings Channel reports. The firm owned 484,616 shares of the company’s stock after purchasing an additional 15,684 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 100 ETF were worth $134,122,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Fifth Third Wealth Advisors LLC grew its holdings in shares of iShares S&P 100 ETF by 2.6% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,188 shares of the company’s stock worth $606,000 after purchasing an additional 55 shares during the period. Elm Partners Management LLC purchased a new position in iShares S&P 100 ETF in the 3rd quarter worth approximately $542,000. Theory Financial LLC boosted its holdings in iShares S&P 100 ETF by 26.4% in the 3rd quarter. Theory Financial LLC now owns 3,366 shares of the company’s stock worth $926,000 after acquiring an additional 704 shares during the period. Thrivent Financial for Lutherans boosted its holdings in iShares S&P 100 ETF by 71.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 23,525 shares of the company’s stock worth $6,511,000 after acquiring an additional 9,781 shares during the period. Finally, Claro Advisors LLC boosted its holdings in iShares S&P 100 ETF by 56.5% in the 3rd quarter. Claro Advisors LLC now owns 2,895 shares of the company’s stock worth $801,000 after acquiring an additional 1,045 shares during the period.

iShares S&P 100 ETF Stock Up 0.6 %

NYSEARCA OEF opened at $286.27 on Wednesday. The stock has a market cap of $13.80 billion, a PE ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a fifty-two week low of $213.26 and a fifty-two week high of $290.50. The business has a 50 day moving average price of $278.91 and a two-hundred day moving average price of $267.68.

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.