Melfa Wealth Management Inc. Cuts Holdings in iShares S&P 100 ETF (NYSEARCA:OEF)

Melfa Wealth Management Inc. lessened its position in shares of iShares S&P 100 ETF (NYSEARCA:OEF) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,050 shares of the company’s stock after selling 48 shares during the period. Melfa Wealth Management Inc.’s holdings in iShares S&P 100 ETF were worth $303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in OEF. International Assets Investment Management LLC lifted its holdings in shares of iShares S&P 100 ETF by 31,481.5% during the 3rd quarter. International Assets Investment Management LLC now owns 374,872 shares of the company’s stock valued at $103,750,000 after acquiring an additional 373,685 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its stake in shares of iShares S&P 100 ETF by 8,529.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 375,620 shares of the company’s stock worth $103,375,000 after purchasing an additional 371,267 shares in the last quarter. Quantum Financial Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF in the fourth quarter worth about $62,836,000. Sanctuary Advisors LLC purchased a new stake in shares of iShares S&P 100 ETF in the second quarter worth about $36,855,000. Finally, Cerity Partners LLC raised its holdings in shares of iShares S&P 100 ETF by 390.5% during the 3rd quarter. Cerity Partners LLC now owns 159,901 shares of the company’s stock valued at $44,254,000 after buying an additional 127,304 shares during the period.

iShares S&P 100 ETF Stock Performance

iShares S&P 100 ETF stock opened at $294.46 on Wednesday. The firm has a market capitalization of $14.19 billion, a PE ratio of 28.76 and a beta of 1.04. iShares S&P 100 ETF has a one year low of $228.59 and a one year high of $298.44. The stock’s 50 day moving average price is $290.87 and its 200 day moving average price is $278.26.

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.