MONECO Advisors LLC Lowers Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

MONECO Advisors LLC trimmed its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 7.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,835 shares of the company’s stock after selling 5,563 shares during the period. iShares S&P 100 ETF makes up approximately 2.0% of MONECO Advisors LLC’s holdings, making the stock its 6th largest holding. MONECO Advisors LLC owned approximately 0.13% of iShares S&P 100 ETF worth $18,727,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. increased its stake in iShares S&P 100 ETF by 3.6% during the fourth quarter. First Horizon Advisors Inc. now owns 1,970 shares of the company’s stock valued at $569,000 after acquiring an additional 68 shares during the period. PMG Wealth Management Inc. bought a new position in iShares S&P 100 ETF during the fourth quarter valued at about $7,235,000. Lloyd Advisory Services LLC. bought a new position in iShares S&P 100 ETF during the fourth quarter valued at about $245,000. Schaeffer Financial LLC bought a new position in iShares S&P 100 ETF during the fourth quarter valued at about $203,000. Finally, Able Wealth Management LLC grew its stake in shares of iShares S&P 100 ETF by 244.2% in the 4th quarter. Able Wealth Management LLC now owns 9,115 shares of the company’s stock valued at $2,633,000 after purchasing an additional 6,467 shares during the period.

iShares S&P 100 ETF Trading Down 1.6 %

OEF stock opened at $294.16 on Friday. iShares S&P 100 ETF has a 1-year low of $233.95 and a 1-year high of $300.35. The firm has a market cap of $15.27 billion, a P/E ratio of 28.56 and a beta of 0.99. The business’s 50 day moving average is $293.70 and its 200-day moving average is $283.30.

iShares S&P 100 ETF Company 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.