Modern Wealth Management LLC Has $304,000 Stock Holdings in iShares S&P 100 ETF $OEF

Modern Wealth Management LLC trimmed its holdings in iShares S&P 100 ETF (NYSEARCA:OEF) by 96.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 948 shares of the company’s stock after selling 27,502 shares during the period. Modern Wealth Management LLC’s holdings in iShares S&P 100 ETF were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in OEF. First Trust Advisors LP increased its position in shares of iShares S&P 100 ETF by 84.9% during the second quarter. First Trust Advisors LP now owns 5,736 shares of the company’s stock worth $1,746,000 after acquiring an additional 2,633 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of iShares S&P 100 ETF by 78.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 2,233 shares of the company’s stock worth $680,000 after acquiring an additional 981 shares during the last quarter. HUB Investment Partners LLC bought a new position in iShares S&P 100 ETF in the 2nd quarter valued at about $209,000. Diversify Advisory Services LLC lifted its position in iShares S&P 100 ETF by 3.5% in the 2nd quarter. Diversify Advisory Services LLC now owns 3,970 shares of the company’s stock valued at $1,269,000 after acquiring an additional 135 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in iShares S&P 100 ETF in the 2nd quarter valued at about $1,269,000.

iShares S&P 100 ETF Stock Performance

OEF stock opened at $364.22 on Wednesday. The business has a 50-day simple moving average of $367.96 and a two-hundred day simple moving average of $349.73. The company has a market capitalization of $19.85 billion, a P/E ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 52-week low of $306.18 and a 52-week high of $379.02.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.