Welch & Forbes LLC Trims Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Welch & Forbes LLC lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,995 shares of the company’s stock after selling 98 shares during the quarter. Welch & Forbes LLC’s holdings in iShares Core S&P 500 ETF were worth $4,296,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Eukles Asset Management grew its holdings in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after purchasing an additional 33 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $41,000. Evolution Advisers Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $48,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $62,000. Finally, Your Advocates Ltd. LLP grew its stake in shares of iShares Core S&P 500 ETF by 280.5% during the third quarter. Your Advocates Ltd. LLP now owns 156 shares of the company’s stock valued at $67,000 after buying an additional 115 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

IVV traded up $0.57 on Tuesday, hitting $519.76. 6,597,445 shares of the company were exchanged, compared to its average volume of 5,737,396. The firm has a fifty day simple moving average of $514.90 and a two-hundred day simple moving average of $485.85. The stock has a market capitalization of $448.50 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $410.67 and a 12 month high of $527.16.

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.