RTD Financial Advisors Inc. Sells 4,963 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

RTD Financial Advisors Inc. cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 144,468 shares of the company’s stock after selling 4,963 shares during the quarter. iShares Core S&P 500 ETF accounts for 10.9% of RTD Financial Advisors Inc.’s investment portfolio, making the stock its largest holding. RTD Financial Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $81,177,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Windsor Advisory Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 100.0% in the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock worth $29,000 after acquiring an additional 25 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $30,000. Sellwood Investment Partners LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $32,000. Investment Counsel Co. of Nevada bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $33,000. Finally, Advantage Trust Co bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $36,000.

iShares Core S&P 500 ETF Trading Down 1.1%

Shares of NYSEARCA IVV opened at $599.79 on Friday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $616.22. The company has a market cap of $588.90 billion, a PE ratio of 25.71 and a beta of 1.01. The company has a 50-day moving average of $569.93 and a two-hundred day moving average of $583.22.

About iShares Core S&P 500 ETF

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.