iShares Core S&P 500 ETF $IVV Stake Decreased by Flagstar Advisors Inc.

Flagstar Advisors Inc. reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 31,477 shares of the company’s stock after selling 3,522 shares during the period. iShares Core S&P 500 ETF makes up 7.4% of Flagstar Advisors Inc.’s investment portfolio, making the stock its biggest position. Flagstar Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $20,562,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Legacy Private Trust Co. grew its position in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after acquiring an additional 3,711 shares during the last quarter. Hubbell Strickland Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after acquiring an additional 792 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after purchasing an additional 1,700 shares in the last quarter. Atria Investments Inc boosted its stake in shares of iShares Core S&P 500 ETF by 14.0% in the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock valued at $172,181,000 after purchasing an additional 30,777 shares in the last quarter. Finally, M&T Bank Corp boosted its stake in shares of iShares Core S&P 500 ETF by 0.8% in the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after purchasing an additional 10,723 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $749.10 on Thursday. The firm has a market cap of $888.13 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $740.89 and its 200 day moving average is $703.77. iShares Core S&P 500 ETF has a 52 week low of $619.58 and a 52 week high of $764.00.

iShares Core S&P 500 ETF 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.