iShares S&P 100 ETF Sees Significant Capital Withdrawal

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The iShares S&P 100 ETF (OEF) experienced a significant outflow of approximately $120.6 million, marking a 1.4% decline in shares outstanding, from 44.2 million to 43.6 million week-over-week. This movement is notable among the ETF’s major components, with Danaher Corp (DHR) down 0.3%, Texas Instruments Inc. (TXN) off by 0.7%, and Linde plc (LIN) decreasing by 1.3%.

OEF’s current share price is $200.24, situated within a 52-week range of $169.49 to $222.35. The ETF’s performance is monitored through its moving averages, with the recent trading indicating significant technical analysis potential surrounding its 200-day moving average.

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