Elite Financial Inc. Sells 27,910 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Elite Financial Inc. cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 95.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,261 shares of the company’s stock after selling 27,910 shares during the period. iShares Core S&P 500 ETF makes up 0.4% of Elite Financial Inc.’s portfolio, making the stock its 28th largest position. Elite Financial Inc.’s holdings in iShares Core S&P 500 ETF were worth $708,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Marshall Wace LLP raised its stake in shares of iShares Core S&P 500 ETF by 1.9% during the fourth quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock valued at $13,896,969,000 after acquiring an additional 446,000 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of iShares Core S&P 500 ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock valued at $10,509,189,000 after acquiring an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after acquiring an additional 338,269 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of iShares Core S&P 500 ETF by 142.1% during the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock valued at $6,834,161,000 after acquiring an additional 6,813,214 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its stake in shares of iShares Core S&P 500 ETF by 553,404.4% during the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock valued at $5,024,406,000 after acquiring an additional 8,533,496 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of NYSEARCA:IVV opened at $628.17 on Friday. The company has a market cap of $632.47 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company has a 50-day moving average price of $593.20 and a 200-day moving average price of $583.64. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $629.25.

iShares Core S&P 500 ETF 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.