USA Financial Formulas Reduces Stock Position in iShares S&P 100 ETF (NYSEARCA:OEF)

USA Financial Formulas cut its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,459 shares of the company’s stock after selling 217 shares during the period. USA Financial Formulas’ holdings in iShares S&P 100 ETF were worth $999,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Park Avenue Securities LLC increased its position in iShares S&P 100 ETF by 7.7% during the fourth quarter. Park Avenue Securities LLC now owns 58,163 shares of the company’s stock valued at $16,800,000 after acquiring an additional 4,148 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in shares of iShares S&P 100 ETF by 263.3% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 7,950 shares of the company’s stock worth $2,296,000 after purchasing an additional 5,762 shares during the period. Affinity Capital Advisors LLC grew its holdings in iShares S&P 100 ETF by 6.1% during the 4th quarter. Affinity Capital Advisors LLC now owns 35,853 shares of the company’s stock valued at $10,385,000 after purchasing an additional 2,072 shares during the last quarter. Quantum Financial Advisors LLC purchased a new stake in iShares S&P 100 ETF in the 4th quarter worth about $62,836,000. Finally, Unique Wealth LLC bought a new stake in iShares S&P 100 ETF in the fourth quarter worth about $568,000.

iShares S&P 100 ETF Stock Performance

OEF opened at $290.94 on Thursday. iShares S&P 100 ETF has a one year low of $222.17 and a one year high of $298.44. The stock has a market cap of $14.02 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04. The stock’s 50 day moving average price is $290.69 and its 200-day moving average price is $277.62.

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.