iShares Core S&P 500 ETF $IVV Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,612 shares of the company’s stock after selling 2,509 shares during the quarter. New Age Alpha Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $5,214,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVV. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Dorato Capital Management acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. Finally, EQ Wealth Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $749.14 on Tuesday. The stock has a market cap of $827.24 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average price is $699.02 and its two-hundred day moving average price is $690.79. iShares Core S&P 500 ETF has a fifty-two week low of $578.31 and a fifty-two week high of $753.02.

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. 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.