iShares Core S&P 500 ETF (NYSEARCA:IVV) is IFS Advisors LLC’s Largest Position

IFS Advisors LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 90,159 shares of the company’s stock after selling 1,974 shares during the period. iShares Core S&P 500 ETF comprises approximately 41.7% of IFS Advisors LLC’s holdings, making the stock its biggest position. IFS Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $53,075,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Modus Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $33,000. Cedar Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after acquiring an additional 39 shares during the period. Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $40,000. Finally, Brooklyn Investment Group bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth approximately $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $600.26 on Friday. iShares Core S&P 500 ETF has a one year low of $474.68 and a one year high of $612.09. The company’s fifty day moving average price is $598.31 and its 200-day moving average price is $575.56. The company has a market capitalization of $517.96 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.