KMG Fiduciary Partners LLC Reduces Stock Holdings in iShares Core S&P 500 ETF $IVV

KMG Fiduciary Partners LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 35.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,601 shares of the company’s stock after selling 36,844 shares during the quarter. iShares Core S&P 500 ETF comprises about 3.2% of KMG Fiduciary Partners LLC’s portfolio, making the stock its 5th biggest position. KMG Fiduciary Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $45,618,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Accurate Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 2.8% during the 4th quarter. Accurate Wealth Management LLC now owns 2,752 shares of the company’s stock worth $1,918,000 after purchasing an additional 75 shares during the last quarter. Enclave Advisors LLC grew its stake in iShares Core S&P 500 ETF by 2.1% in the fourth quarter. Enclave Advisors LLC now owns 86,886 shares of the company’s stock valued at $59,511,000 after purchasing an additional 1,757 shares during the last quarter. Sherman Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $205,000. Net Worth Advisory Group bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $410,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 8.7% during the fourth quarter. JFS Wealth Advisors LLC now owns 82,180 shares of the company’s stock valued at $56,289,000 after buying an additional 6,575 shares during 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

NYSEARCA:IVV opened at $636.99 on Friday. The company’s 50-day simple moving average is $682.25 and its 200-day simple moving average is $679.88. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The stock has a market capitalization of $700.18 billion, a P/E 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.