iShares Core S&P 500 ETF $IVV Shares Sold by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.9% in the first quarter, HoldingsChannel reports. The firm owned 4,823 shares of the company’s stock after selling 1,055 shares during the period. iShares Core S&P 500 ETF accounts for about 2.8% of Eagle Bay Advisors LLC’s holdings, making the stock its 6th biggest position. Eagle Bay Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $3,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Keenan LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. GS Investments Inc. increased its stake in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Finally, Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $748.43 on Friday. The firm’s fifty day moving average is $742.39 and its two-hundred day moving average is $704.53. The firm has a market cap of $887.34 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $620.85 and a twelve month high of $764.00.

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.