PNC Financial Services Group Inc. cut its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 2.0% in the third quarter, Holdings Channel reports. The fund owned 390,807 shares of the company’s stock after selling 7,783 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 100 ETF were worth $50,657,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Dubuque Bank & Trust Co. bought a new stake in shares of iShares S&P 100 ETF in the 3rd quarter valued at about $121,000. Asset Dedication LLC increased its stake in shares of iShares S&P 100 ETF by 681.3% in the 2nd quarter. Asset Dedication LLC now owns 1,172 shares of the company’s stock valued at $140,000 after acquiring an additional 1,022 shares during the last quarter. Gould Asset Management LLC CA bought a new stake in shares of iShares S&P 100 ETF in the 3rd quarter valued at about $207,000. Peoples Bank OH bought a new stake in shares of iShares S&P 100 ETF in the 3rd quarter valued at about $215,000. Finally, Old Port Advisors bought a new stake in iShares S&P 100 ETF during the 2nd quarter worth approximately $217,000.
NYSEARCA OEF opened at $117.69 on Friday. iShares S&P 100 ETF has a 52-week low of $112.07 and a 52-week high of $131.30.
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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.
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