Pinnacle Associates Ltd. boosted its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 3.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,510 shares of the company’s stock after acquiring an additional 165 shares during the quarter. Pinnacle Associates Ltd.’s holdings in iShares S&P 100 ETF were worth $690,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in iShares S&P 100 ETF by 11.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,920 shares of the company’s stock valued at $11,655,000 after purchasing an additional 9,153 shares during the period. CWM LLC purchased a new position in shares of iShares S&P 100 ETF in the fourth quarter valued at about $57,000. GWM Advisors LLC purchased a new position in shares of iShares S&P 100 ETF in the fourth quarter valued at about $346,000. Rhumbline Advisers purchased a new position in shares of iShares S&P 100 ETF in the fourth quarter valued at about $335,000. Finally, Steinberg Global Asset Management increased its position in shares of iShares S&P 100 ETF by 4.4% in the fourth quarter. Steinberg Global Asset Management now owns 83,020 shares of the company’s stock valued at $9,259,000 after acquiring an additional 3,517 shares during the period.

OEF stock opened at $121.22 on Tuesday. iShares S&P 100 ETF has a 12-month low of $104.23 and a 12-month high of $131.47.

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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.

Further Reading: Overbought

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Institutional Ownership by Quarter for iShares S&P 100 ETF (NYSEARCA:OEF)

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