JPMorgan Chase & Co. Lowers Stock Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

JPMorgan Chase & Co. cut its holdings in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,423,103 shares of the company’s stock after selling 71,832 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares S&P 100 ETF were worth $411,064,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. PKS Advisory Services LLC purchased a new position in shares of iShares S&P 100 ETF during the 4th quarter worth about $936,000. Signature Estate & Investment Advisors LLC raised its stake in iShares S&P 100 ETF by 1.0% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 15,275 shares of the company’s stock worth $4,412,000 after purchasing an additional 155 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares S&P 100 ETF by 16.1% in the 4th quarter. LPL Financial LLC now owns 795,013 shares of the company’s stock valued at $229,639,000 after purchasing an additional 110,149 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new position in shares of iShares S&P 100 ETF in the 4th quarter valued at $3,431,000. Finally, Gutierrez Wealth Advisory LLC purchased a new stake in shares of iShares S&P 100 ETF during the 4th quarter valued at $335,000.

iShares S&P 100 ETF Trading Down 2.2 %

Shares of OEF opened at $269.23 on Friday. iShares S&P 100 ETF has a twelve month low of $233.95 and a twelve month high of $300.35. The firm has a market capitalization of $16.42 billion, a P/E ratio of 25.84 and a beta of 0.99. The stock’s fifty day simple moving average is $287.36 and its 200 day simple moving average is $285.62.

iShares S&P 100 ETF 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.