Wealth Alliance LLC Sells 41,155 Shares of iShares S&P 100 ETF $OEF

Wealth Alliance LLC trimmed its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 64.6% in the first quarter, HoldingsChannel reports. The firm owned 22,533 shares of the company’s stock after selling 41,155 shares during the period. iShares S&P 100 ETF makes up about 0.7% of Wealth Alliance LLC’s portfolio, making the stock its 25th largest position. Wealth Alliance LLC’s holdings in iShares S&P 100 ETF were worth $7,167,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OEF. Allspring Global Investments Holdings LLC acquired a new position in shares of iShares S&P 100 ETF during the first quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares S&P 100 ETF in the 4th quarter valued at about $26,000. Wealth Watch Advisors INC grew its stake in shares of iShares S&P 100 ETF by 187.1% in the 4th quarter. Wealth Watch Advisors INC now owns 89 shares of the company’s stock valued at $31,000 after buying an additional 58 shares during the period. Sarver Vrooman Wealth Advisors bought a new stake in iShares S&P 100 ETF in the 4th quarter valued at about $32,000. Finally, Lodestone Wealth Management LLC bought a new stake in iShares S&P 100 ETF in the 4th quarter valued at about $34,000.

iShares S&P 100 ETF Stock Performance

OEF stock opened at $363.23 on Friday. The stock’s 50 day simple moving average is $368.11 and its 200 day simple moving average is $349.43. iShares S&P 100 ETF has a fifty-two week low of $306.18 and a fifty-two week high of $379.02. The company has a market cap of $19.80 billion, a P/E ratio of 27.17 and a beta of 1.03.

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