Tortoise Investment Management LLC Sells 140 Shares of iShares S&P 100 ETF (NYSEARCA:OEF)

Tortoise Investment Management LLC trimmed its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,626 shares of the company’s stock after selling 140 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares S&P 100 ETF were worth $2,203,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Midwest Capital Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $28,000. Arlington Trust Co LLC purchased a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $29,000. New Wave Wealth Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $36,000. Glassman Wealth Services purchased a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $39,000. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in shares of iShares S&P 100 ETF during the fourth quarter worth $42,000.

iShares S&P 100 ETF Price Performance

NYSEARCA:OEF opened at $280.51 on Monday. The company has a market cap of $16.91 billion, a P/E ratio of 26.23 and a beta of 0.99. The stock’s fifty day moving average price is $292.05 and its two-hundred day moving average price is $285.08. iShares S&P 100 ETF has a 1 year low of $233.95 and a 1 year high of $300.35.

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.