iShares Core S&P 500 ETF $IVV Stake Cut by SMI Advisory Services LLC

SMI Advisory Services LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,245 shares of the company’s stock after selling 5,947 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 3.4% of SMI Advisory Services LLC’s portfolio, making the stock its 7th largest holding. SMI Advisory Services LLC’s holdings in iShares Core S&P 500 ETF were worth $19,722,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Riverbridge Partners LLC boosted its stake in shares of iShares Core S&P 500 ETF by 1,203.1% during the fourth quarter. Riverbridge Partners LLC now owns 84,924 shares of the company’s stock worth $58,168,000 after buying an additional 78,407 shares during the period. Cadent Capital Advisors LLC increased its position in iShares Core S&P 500 ETF by 7.7% in the 4th quarter. Cadent Capital Advisors LLC now owns 10,778 shares of the company’s stock valued at $7,383,000 after acquiring an additional 771 shares during the period. Bank & Trust Co acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $228,000. Sendero Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 23.4% during the 4th quarter. Sendero Wealth Management LLC now owns 838 shares of the company’s stock valued at $574,000 after acquiring an additional 159 shares during the last quarter. Finally, Mayflower Financial Advisors LLC raised its stake in iShares Core S&P 500 ETF by 1.6% during the 4th quarter. Mayflower Financial Advisors LLC now owns 57,663 shares of the company’s stock valued at $39,496,000 after acquiring an additional 927 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 1.7%

iShares Core S&P 500 ETF stock opened at $636.99 on Friday. The stock has a 50 day moving average of $682.25 and a two-hundred day moving average of $679.70. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The stock has a market capitalization of $700.18 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.