MA Private Wealth Trims Holdings in iShares Core S&P 500 ETF $IVV

MA Private Wealth lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,647 shares of the company’s stock after selling 1,526 shares during the period. iShares Core S&P 500 ETF accounts for 1.9% of MA Private Wealth’s investment portfolio, making the stock its 17th largest holding. MA Private Wealth’s holdings in iShares Core S&P 500 ETF were worth $11,402,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVV. Cathy Pareto & Associates Inc. raised its stake in iShares Core S&P 500 ETF by 2.7% during the 3rd quarter. Cathy Pareto & Associates Inc. now owns 578 shares of the company’s stock valued at $387,000 after acquiring an additional 15 shares during the last quarter. Balanced Wealth Group LLC lifted its position in iShares Core S&P 500 ETF by 0.8% during the 3rd quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock worth $1,196,000 after acquiring an additional 15 shares during the period. Nicollet Investment Management Inc. grew its stake in shares of iShares Core S&P 500 ETF by 1.0% in the 3rd quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after purchasing an additional 15 shares during the last quarter. Anchor Investment Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 3.1% in the third quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after purchasing an additional 15 shares during the period. Finally, Wealth Effects LLC increased its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after purchasing an additional 15 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $737.41 on Thursday. The business has a 50 day simple moving average of $683.64 and a 200-day simple moving average of $685.00. iShares Core S&P 500 ETF has a 12 month low of $558.69 and a 12 month high of $738.04. The stock has a market capitalization of $814.28 billion, a PE ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.