Forthright Family Wealth Advisory LLC Has $3.41 Million Stake in iShares S&P 100 ETF (NYSEARCA:OEF)

Forthright Family Wealth Advisory LLC reduced its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 17.6% during the third quarter, HoldingsChannel reports. The firm owned 11,535 shares of the company’s stock after selling 2,466 shares during the quarter. iShares S&P 100 ETF accounts for about 2.1% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 12th largest holding. Forthright Family Wealth Advisory LLC’s holdings in iShares S&P 100 ETF were worth $3,414,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC grew its stake in shares of iShares S&P 100 ETF by 22.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,465 shares of the company’s stock worth $387,000 after buying an additional 265 shares during the last quarter. ORG Partners LLC bought a new stake in iShares S&P 100 ETF during the 2nd quarter worth $71,000. Tennessee Valley Asset Management Partners increased its holdings in iShares S&P 100 ETF by 5.8% in the 2nd quarter. Tennessee Valley Asset Management Partners now owns 30,691 shares of the company’s stock worth $8,111,000 after purchasing an additional 1,681 shares in the last quarter. Raymond James & Associates increased its holdings in iShares S&P 100 ETF by 16.9% in the 2nd quarter. Raymond James & Associates now owns 72,052 shares of the company’s stock worth $19,043,000 after purchasing an additional 10,396 shares in the last quarter. Finally, Williams Financial LLC bought a new position in iShares S&P 100 ETF in the second quarter valued at about $3,013,000.

iShares S&P 100 ETF Stock Up 0.6 %

Shares of OEF stock traded up $1.73 during mid-day trading on Friday, reaching $297.36. 20,631 shares of the stock traded hands, compared to its average volume of 266,868. The stock’s fifty day simple moving average is $285.12 and its two-hundred day simple moving average is $272.30. iShares S&P 100 ETF has a 1-year low of $219.38 and a 1-year high of $297.76. The company has a market cap of $14.33 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04.

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.