Pinnacle Wealth Management Advisory Group LLC Decreases Stake in iShares S&P 100 ETF (NYSEARCA:OEF)

Pinnacle Wealth Management Advisory Group LLC lowered its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 11.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,902 shares of the company’s stock after selling 519 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares S&P 100 ETF were worth $1,127,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Arlington Trust Co LLC acquired a new position in shares of iShares S&P 100 ETF during the fourth quarter valued at $29,000. New Wave Wealth Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF in the fourth quarter worth approximately $36,000. DHJJ Financial Advisors Ltd. acquired a new position in iShares S&P 100 ETF in the 4th quarter valued at approximately $42,000. Hantz Financial Services Inc. grew its holdings in shares of iShares S&P 100 ETF by 96.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 177 shares of the company’s stock valued at $49,000 after acquiring an additional 87 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of iShares S&P 100 ETF by 274.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 217 shares of the company’s stock worth $63,000 after acquiring an additional 159 shares during the last quarter.

iShares S&P 100 ETF Trading Up 0.0 %

OEF opened at $299.01 on Monday. The stock has a fifty day moving average price of $293.42 and a 200 day moving average price of $281.83. iShares S&P 100 ETF has a 1 year low of $233.95 and a 1 year high of $299.59. The stock has a market cap of $14.41 billion, a price-to-earnings ratio of 28.76 and a beta of 1.04.

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.