Edgemoor Investment Advisors Inc. Decreases Position in iShares Core S&P 500 ETF $IVV

Edgemoor Investment Advisors Inc. decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 22.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,330 shares of the company’s stock after selling 2,138 shares during the quarter. Edgemoor Investment Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $5,021,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $29,000. GS Investments Inc. lifted its position in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $39,000. Finally, Dorato Capital Management bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $55,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $760.05 on Friday. The company has a market cap of $839.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business’s 50-day moving average is $706.11 and its two-hundred day moving average is $692.93. iShares Core S&P 500 ETF has a fifty-two week low of $586.05 and a fifty-two week high of $761.65.

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. 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.