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

MONECO Advisors LLC reduced its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 7.9% during the 4th quarter, HoldingsChannel reports. The firm owned 64,835 shares of the company’s stock after selling 5,563 shares during the quarter. iShares S&P 100 ETF makes up approximately 2.0% of MONECO Advisors LLC’s holdings, making the stock its 6th biggest holding. MONECO Advisors LLC’s holdings in iShares S&P 100 ETF were worth $18,727,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of OEF. First Horizon Advisors Inc. boosted its holdings in shares of iShares S&P 100 ETF by 3.6% in the 4th quarter. First Horizon Advisors Inc. now owns 1,970 shares of the company’s stock worth $569,000 after acquiring an additional 68 shares in the last quarter. PMG Wealth Management Inc. acquired a new position in shares of iShares S&P 100 ETF in the 4th quarter worth approximately $7,235,000. Lloyd Advisory Services LLC. acquired a new position in shares of iShares S&P 100 ETF in the 4th quarter worth approximately $245,000. Schaeffer Financial LLC acquired a new position in shares of iShares S&P 100 ETF in the 4th quarter worth approximately $203,000. Finally, Able Wealth Management LLC boosted its holdings 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 worth $2,633,000 after acquiring an additional 6,467 shares in the last quarter.

iShares S&P 100 ETF Price Performance

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

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.