PAX Financial Group LLC Trims Stock Holdings in iShares S&P 100 ETF $OEF

PAX Financial Group LLC lowered its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 97.7% during the first quarter, Holdings Channel reports. The fund owned 1,372 shares of the company’s stock after selling 57,645 shares during the quarter. PAX Financial Group LLC’s holdings in iShares S&P 100 ETF were worth $436,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OEF. Affinity Capital Advisors LLC raised its position in shares of iShares S&P 100 ETF by 3.8% in the fourth quarter. Affinity Capital Advisors LLC now owns 49,121 shares of the company’s stock valued at $16,847,000 after buying an additional 1,787 shares during the last quarter. Archer Investment Management LLC acquired a new stake in iShares S&P 100 ETF during the fourth quarter worth approximately $709,000. Asempa Wealth Advisors purchased a new stake in iShares S&P 100 ETF in the 4th quarter worth approximately $5,246,000. Demars Financial Group LLC raised its holdings in iShares S&P 100 ETF by 3.8% in the 4th quarter. Demars Financial Group LLC now owns 103,910 shares of the company’s stock valued at $35,638,000 after acquiring an additional 3,828 shares during the last quarter. Finally, FLP Wealth Management LLC raised its holdings in iShares S&P 100 ETF by 2,102.8% in the 4th quarter. FLP Wealth Management LLC now owns 39,099 shares of the company’s stock valued at $13,410,000 after acquiring an additional 37,324 shares during the last quarter.

iShares S&P 100 ETF Price Performance

OEF stock opened at $366.08 on Friday. iShares S&P 100 ETF has a 52-week low of $304.12 and a 52-week high of $379.02. The stock’s fifty day simple moving average is $365.81 and its 200-day simple moving average is $346.72. The stock has a market capitalization of $20.04 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03.

About iShares S&P 100 ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.