iShares S&P 100 ETF Records $117.7 Million Weekly Outflow

Apr 10, 2026 15:02 UTC

OEF, MRK, ABBV, WMT

Short term

The iShares S&P 100 ETF (OEF) experienced a 1.1% decline in shares outstanding over the past week. The movement indicates a modest reduction in investor exposure to the fund's large-cap holdings.

Weekly outflows totaled approximately $117.7 million
Shares outstanding dropped from 47.4M to 46.9M
1.1% week-over-week decrease in fund units
Minor declines noted in WMT, MRK, and ABBV
Current price of $234.89 remains near the 52-week high

The iShares S&P 100 ETF (OEF) recorded a notable reduction in assets, with approximately $117.7 million flowing out of the fund on a week-over-week basis. This movement represents a 1.1% decrease in shares outstanding, which dropped from 47.4 million to 46.9 million units. In the ETF structure, the destruction of units to accommodate investor redemptions typically requires the fund to sell its underlying holdings. This can create downward pressure on the individual components of the index if the outflows are significant enough. Several of the fund's largest components saw slight downward price action during the session. Walmart Inc (WMT) was lower by approximately 0.9%, while Merck & Co Inc (MRK) and AbbVie Inc (ABBV) declined by 0.2% and 0.1%, respectively. From a technical perspective, OEF continues to trade near the upper end of its annual range. The fund's most recent trade was $234.89, positioning it close to its 52-week high of $239.74 and well above its 52-week low of $172.04.