Peloton Wealth Strategists Sells 889 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Peloton Wealth Strategists lowered its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 6.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 13,333 shares of the company’s stock after selling 889 shares during the period. iShares S&P 100 ETF comprises about 1.5% of Peloton Wealth Strategists’ investment portfolio, making the stock its 26th largest position. Peloton Wealth Strategists’ holdings in iShares S&P 100 ETF were worth $3,690,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of OEF. Quotient Wealth Partners LLC raised its stake in iShares S&P 100 ETF by 1.1% during the third quarter. Quotient Wealth Partners LLC now owns 3,620 shares of the company’s stock valued at $1,002,000 after buying an additional 39 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of iShares S&P 100 ETF by 1.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 3,814 shares of the company’s stock worth $1,055,000 after purchasing an additional 41 shares during the last quarter. Harbour Investments Inc. boosted its stake in iShares S&P 100 ETF by 5.1% in the 3rd quarter. Harbour Investments Inc. now owns 845 shares of the company’s stock worth $234,000 after purchasing an additional 41 shares in the last quarter. ONE Advisory Partners LLC grew its position in iShares S&P 100 ETF by 0.4% during the 2nd quarter. ONE Advisory Partners LLC now owns 12,261 shares of the company’s stock valued at $3,241,000 after purchasing an additional 43 shares during the last quarter. Finally, JFS Wealth Advisors LLC increased its stake in iShares S&P 100 ETF by 0.7% during the 3rd quarter. JFS Wealth Advisors LLC now owns 6,288 shares of the company’s stock valued at $1,740,000 after purchasing an additional 44 shares in the last quarter.

iShares S&P 100 ETF Stock Performance

Shares of iShares S&P 100 ETF stock opened at $295.94 on Monday. The company has a 50-day simple moving average of $283.43 and a two-hundred day simple moving average of $271.37. iShares S&P 100 ETF has a 52-week low of $215.19 and a 52-week high of $296.28. The stock has a market capitalization of $14.26 billion, a PE 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.