Foster & Motley Inc. Decreases Stake in iShares S&P 100 ETF $OEF

Foster & Motley Inc. lowered its position in iShares S&P 100 ETF (NYSEARCA:OEF) by 24.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 716 shares of the company’s stock after selling 227 shares during the quarter. Foster & Motley Inc.’s holdings in iShares S&P 100 ETF were worth $218,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in OEF. Wealth Group Ltd. purchased a new position in iShares S&P 100 ETF in the first quarter worth approximately $1,185,000. QRG Capital Management Inc. acquired a new stake in iShares S&P 100 ETF during the first quarter worth approximately $277,000. World Equity Group Inc. raised its holdings in iShares S&P 100 ETF by 157.3% during the first quarter. World Equity Group Inc. now owns 1,878 shares of the company’s stock worth $509,000 after purchasing an additional 1,148 shares in the last quarter. EWA LLC raised its holdings in iShares S&P 100 ETF by 253.1% during the first quarter. EWA LLC now owns 4,580 shares of the company’s stock worth $1,240,000 after purchasing an additional 3,283 shares in the last quarter. Finally, Avantra Family Wealth Inc. raised its holdings in iShares S&P 100 ETF by 12.0% during the first quarter. Avantra Family Wealth Inc. now owns 1,888 shares of the company’s stock worth $511,000 after purchasing an additional 202 shares in the last quarter.

iShares S&P 100 ETF Trading Up 0.7%

OEF stock opened at $333.12 on Monday. iShares S&P 100 ETF has a twelve month low of $232.57 and a twelve month high of $337.67. The company’s 50 day moving average is $326.45 and its two-hundred day moving average is $301.53. The stock has a market cap of $28.02 billion, a P/E ratio of 27.17 and a beta of 0.99.

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.