Mcmorgan & Co. LLC Reduces Stock Holdings in iShares S&P 100 ETF $OEF

Mcmorgan & Co. LLC lowered its stake in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 67.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,882 shares of the company’s stock after selling 22,438 shares during the quarter. iShares S&P 100 ETF makes up about 0.6% of Mcmorgan & Co. LLC’s holdings, making the stock its 21st biggest position. Mcmorgan & Co. LLC’s holdings in iShares S&P 100 ETF were worth $3,461,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Bank of Jackson Hole Trust purchased a new position in shares of iShares S&P 100 ETF in the 4th quarter valued at $26,000. Wealth Watch Advisors INC lifted its position in iShares S&P 100 ETF by 187.1% in the fourth quarter. Wealth Watch Advisors INC now owns 89 shares of the company’s stock valued at $31,000 after acquiring an additional 58 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in iShares S&P 100 ETF in the fourth quarter valued at $32,000. Lodestone Wealth Management LLC acquired a new position in iShares S&P 100 ETF in the fourth quarter valued at $34,000. Finally, Hurley Capital LLC acquired a new position in iShares S&P 100 ETF in the fourth quarter valued at $37,000.

iShares S&P 100 ETF Stock Performance

Shares of OEF stock opened at $373.90 on Thursday. The stock’s 50-day moving average is $368.34 and its two-hundred day moving average is $348.34. The firm has a market cap of $20.53 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 1 year low of $305.92 and a 1 year high of $379.02.

iShares S&P 100 ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.