First Pacific Financial Cuts Position in iShares S&P 100 ETF (NYSEARCA:OEF)

First Pacific Financial trimmed its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 2.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 108,988 shares of the company’s stock after selling 2,931 shares during the quarter. iShares S&P 100 ETF makes up about 7.3% of First Pacific Financial’s investment portfolio, making the stock its 2nd largest holding. First Pacific Financial owned about 0.23% of iShares S&P 100 ETF worth $31,481,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in iShares S&P 100 ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 1,494,935 shares of the company’s stock valued at $413,739,000 after buying an additional 13,236 shares during the last quarter. Sigma Investment Counselors Inc. raised 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 valued at $392,310,000 after purchasing an additional 95,510 shares in the last quarter. Merriman Wealth Management LLC raised its stake 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 purchasing an additional 8,108 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares S&P 100 ETF by 3.8% during the third quarter. LPL Financial LLC now owns 684,864 shares of the company’s stock valued at $189,543,000 after purchasing an additional 24,946 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 100 ETF by 3.3% during the third quarter. PNC Financial Services Group Inc. now owns 484,616 shares of the company’s stock valued at $134,122,000 after purchasing an additional 15,684 shares in the last quarter.

iShares S&P 100 ETF Stock Down 0.7 %

Shares of NYSEARCA OEF opened at $288.78 on Friday. iShares S&P 100 ETF has a fifty-two week low of $222.17 and a fifty-two week high of $298.44. The firm’s 50-day simple moving average is $290.78 and its 200 day simple moving average is $277.71. The stock has a market cap of $13.92 billion, a P/E ratio of 28.76 and a beta of 1.04.

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.