Franklin Resources Inc. Decreases Stock Position in iShares S&P 100 ETF (NYSEARCA:OEF)

Franklin Resources Inc. trimmed its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 1.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,810 shares of the company’s stock after selling 470 shares during the quarter. Franklin Resources Inc.’s holdings in iShares S&P 100 ETF were worth $6,987,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares S&P 100 ETF by 50.6% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 92,517 shares of the company’s stock valued at $24,452,000 after buying an additional 31,090 shares during the last quarter. Leith Wheeler Investment Counsel Ltd. purchased a new stake in iShares S&P 100 ETF during the 2nd quarter valued at about $317,000. Detalus Advisors LLC raised its holdings in iShares S&P 100 ETF by 1.7% in the 2nd quarter. Detalus Advisors LLC now owns 34,104 shares of the company’s stock valued at $9,014,000 after acquiring an additional 561 shares during the last quarter. Zimmermann Investment Management & Planning LLC raised its holdings in iShares S&P 100 ETF by 5.5% in the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 62,319 shares of the company’s stock valued at $16,471,000 after acquiring an additional 3,228 shares during the last quarter. Finally, Private Client Services LLC lifted its stake in iShares S&P 100 ETF by 7.2% in the 2nd quarter. Private Client Services LLC now owns 23,887 shares of the company’s stock worth $6,313,000 after purchasing an additional 1,602 shares in the last quarter.

iShares S&P 100 ETF Price Performance

OEF stock opened at $291.15 on Monday. iShares S&P 100 ETF has a 1 year low of $219.38 and a 1 year high of $298.44. The firm has a market capitalization of $14.03 billion, a PE ratio of 28.76 and a beta of 1.04. The business has a 50 day simple moving average of $287.01 and a 200-day simple moving average of $274.11.

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.