Summit Financial LLC Sells 121 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Summit Financial LLC cut its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,531 shares of the company’s stock after selling 121 shares during the period. Summit Financial LLC’s holdings in iShares S&P 100 ETF were worth $3,042,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in OEF. Jones Financial Companies Lllp boosted its position in shares of iShares S&P 100 ETF by 2.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,924,969 shares of the company’s stock valued at $556,027,000 after buying an additional 40,193 shares during the period. JPMorgan Chase & Co. grew its position in iShares S&P 100 ETF by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,494,935 shares of the company’s stock valued at $413,739,000 after acquiring an additional 13,236 shares during the last quarter. LPL Financial LLC increased its stake in iShares S&P 100 ETF by 16.1% in the fourth quarter. LPL Financial LLC now owns 795,013 shares of the company’s stock worth $229,639,000 after purchasing an additional 110,149 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares S&P 100 ETF by 2.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 498,015 shares of the company’s stock worth $143,852,000 after purchasing an additional 13,399 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its stake in shares of iShares S&P 100 ETF by 8,529.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock valued at $103,375,000 after purchasing an additional 371,267 shares during the period.

iShares S&P 100 ETF Price Performance

OEF stock opened at $270.83 on Tuesday. iShares S&P 100 ETF has a 12 month low of $233.95 and a 12 month high of $300.35. The firm’s 50-day moving average is $286.93 and its 200 day moving average is $285.76. The company has a market capitalization of $16.52 billion, a PE ratio of 25.84 and a beta of 0.99.

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.