Brookstone Capital Management Reduces Stake in iShares S&P 100 ETF

In the third quarter, Brookstone Capital Management decreased its investment in the iShares S&P 100 ETF (NYSEARCA: OEF) by 17.9%. According to HoldingsChannel, they sold 223 shares, leaving them with a total of 1,025 shares. At the close of this period, Brookstone's holdings in the iShares S&P 100 ETF were valued at approximately $284,000.

Several other institutional investors have also adjusted their positions in the iShares S&P 100 ETF recently. Notably, Sugarloaf Wealth Management LLC increased its stake by 30.5%, acquiring an additional 62 shares, which brought their total to 265 shares, worth $73,000.

Moreover, Dynamic Advisor Solutions LLC enhanced its position by 39.7% during the same period, now owning 6,339 shares valued at $1,754,000 after purchasing 1,800 shares. Axiom Advisory LLC also increased its stake by 1.8%, owning 26,305 shares worth $7,029,000 after additional acquisitions of 463 shares.

Skyline Advisors Inc. made a new investment in the iShares S&P 100 ETF during the third quarter, valued at around $366,000. Additionally, Affinity Capital Advisors LLC raised its stake by 4.3%, now holding 33,781 shares valued at $9,349,000 following the purchase of 1,404 shares.

Performance of iShares S&P 100 ETF

As of Tuesday, the iShares S&P 100 ETF shares opened at $281.62. Over the past year, the stock reached a low of $193.00 and a high of $282.18. The ETF has a fifty-day simple moving average of $269.40 and a two-hundred-day simple moving average of $260.15. With a market capitalization of $13.57 billion, it has a price-to-earnings ratio of 28.76 and a beta of 1.04, indicating a moderate level of volatility compared to the overall market.

About iShares S&P 100 ETF

The iShares S&P 100 ETF, previously known as the iShares S&P 100 Index Fund, aims to track the performance and yield of the S&P 100 Index. This index measures the performance of large-cap companies within the U.S. equity market, specifically including blue-chip stocks across various industries that are also part of the S&P 500 Index.

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If interested in viewing the investments held by various hedge funds in OEF, it is recommended to check the latest 13F filings and insider trading data regarding iShares S&P 100 ETF.

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Brookstone, Investments, ETF