Alesco Advisors LLC Sells 48,160 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Alesco Advisors LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,345,781 shares of the company’s stock after selling 48,160 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 22.5% of Alesco Advisors LLC’s portfolio, making the stock its largest holding. Alesco Advisors LLC owned about 0.17% of iShares Core S&P 500 ETF worth $642,785,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IVV. Hartford Investment Management Co. acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $380,000. Hanlon Investment Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 13.5% during the third quarter. Hanlon Investment Management Inc. now owns 13,136 shares of the company’s stock worth $5,641,000 after buying an additional 1,559 shares in the last quarter. Marion Wealth Management boosted its holdings in iShares Core S&P 500 ETF by 43.2% during the third quarter. Marion Wealth Management now owns 1,970 shares of the company’s stock worth $846,000 after buying an additional 594 shares in the last quarter. Epiq Partners LLC boosted its holdings in iShares Core S&P 500 ETF by 9.1% during the third quarter. Epiq Partners LLC now owns 816 shares of the company’s stock worth $350,000 after buying an additional 68 shares in the last quarter. Finally, Liberty Capital Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 8.9% during the third quarter. Liberty Capital Management Inc. now owns 6,589 shares of the company’s stock worth $2,830,000 after buying an additional 539 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

IVV stock traded up $4.95 during trading on Friday, reaching $510.77. 4,026,729 shares of the company were exchanged, compared to its average volume of 5,844,797. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16. The company has a market cap of $437.53 billion, a P/E ratio of 25.43 and a beta of 0.99. The stock’s 50 day moving average price is $514.07 and its 200 day moving average price is $481.35.

iShares Core S&P 500 ETF Company Profile

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.