Latko Wealth Management Ltd. cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 6.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 69,808 shares of the company’s stock after selling 4,476 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 23.4% of Latko Wealth Management Ltd.’s investment portfolio, making the stock its biggest holding. Latko Wealth Management Ltd.’s holdings in iShares Core S&P 500 ETF were worth $47,814,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the stock. CFS Investment Advisory Services LLC increased its position in shares of iShares Core S&P 500 ETF by 4.4% during the fourth quarter. CFS Investment Advisory Services LLC now owns 49,368 shares of the company’s stock worth $33,814,000 after acquiring an additional 2,086 shares during the period. Foundations Investment Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 9.4% during the fourth quarter. Foundations Investment Advisors LLC now owns 81,204 shares of the company’s stock worth $55,620,000 after acquiring an additional 6,946 shares during the period. Baker Avenue Asset Management LP increased its position in shares of iShares Core S&P 500 ETF by 2.8% during the fourth quarter. Baker Avenue Asset Management LP now owns 139,040 shares of the company’s stock worth $95,234,000 after acquiring an additional 3,807 shares during the period. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $14,196,000. Finally, IFG Advisory LLC increased its position in shares of iShares Core S&P 500 ETF by 2.1% during the fourth quarter. IFG Advisory LLC now owns 16,620 shares of the company’s stock worth $11,384,000 after acquiring an additional 338 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Stock Performance
Shares of NYSEARCA:IVV opened at $758.17 on Friday. The firm has a market cap of $837.21 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50 day simple moving average is $704.17 and its 200-day simple moving average is $692.46. iShares Core S&P 500 ETF has a one year low of $586.05 and a one year high of $758.72.
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. 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.
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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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