MCF Advisors LLC Sells 1,178 Shares of iShares Core S&P 500 ETF $IVV

MCF Advisors LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% during the third quarter, Holdings Channel.com reports. The fund owned 67,368 shares of the company’s stock after selling 1,178 shares during the period. iShares Core S&P 500 ETF accounts for approximately 2.8% of MCF Advisors LLC’s portfolio, making the stock its 11th largest position. MCF Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $45,089,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Lowe Brockenbrough & Co. Inc. grew its position in shares of iShares Core S&P 500 ETF by 3.9% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 267,725 shares of the company’s stock worth $179,189,000 after purchasing an additional 9,940 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in iShares Core S&P 500 ETF by 55.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 35,740 shares of the company’s stock valued at $23,830,000 after buying an additional 12,809 shares in the last quarter. a16z Perennial Management L.P. grew its holdings in iShares Core S&P 500 ETF by 1,151.4% during the 3rd quarter. a16z Perennial Management L.P. now owns 414,212 shares of the company’s stock valued at $277,232,000 after buying an additional 381,112 shares in the last quarter. Renasant Bank raised its position in shares of iShares Core S&P 500 ETF by 37.3% during the third quarter. Renasant Bank now owns 1,716 shares of the company’s stock valued at $1,149,000 after buying an additional 466 shares during the last quarter. Finally, Wescott Financial Advisory Group LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the third quarter. Wescott Financial Advisory Group LLC now owns 68,902 shares of the company’s stock worth $46,116,000 after buying an additional 783 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

Shares of NYSEARCA IVV opened at $693.78 on Friday. The company has a market cap of $762.60 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97. The firm’s fifty day moving average is $690.05 and its two-hundred day moving average is $671.34.

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.