iShares Core S&P 500 ETF $IVV Shares Sold by Wealthstar Advisors LLC

Wealthstar Advisors LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 66.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 351 shares of the company’s stock after selling 704 shares during the period. Wealthstar Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $240,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Imprint Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $39,000. Dorato Capital Management acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $55,000. Finally, Maryland Capital Advisors Inc. grew its position in shares of iShares Core S&P 500 ETF by 681.8% during the fourth quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock worth $59,000 after buying an additional 75 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $714.89 on Thursday. iShares Core S&P 500 ETF has a one year low of $544.10 and a one year high of $718.95. The company has a market cap of $786.88 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50-day simple moving average of $681.22 and a 200-day simple moving average of $683.55.

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.