Safeguard Financial LLC Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Safeguard Financial LLC lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 41.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 670 shares of the company’s stock after selling 467 shares during the period. Safeguard Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $320,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Arvest Investments Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $21,775,000. Stewardship Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 33.2% during the 4th quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after buying an additional 20,951 shares during the last quarter. Colonial River Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $2,596,000. Csenge Advisory Group increased its holdings in shares of iShares Core S&P 500 ETF by 7.3% during the 3rd quarter. Csenge Advisory Group now owns 48,155 shares of the company’s stock worth $20,679,000 after buying an additional 3,256 shares during the last quarter. Finally, Sage Financial Management Group Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth $19,984,000.

iShares Core S&P 500 ETF Stock Up 0.3 %

Shares of IVV stock traded up $1.28 on Wednesday, reaching $507.26. 734,157 shares of the stock were exchanged, compared to its average volume of 5,869,786. The stock has a market cap of $434.52 billion, a P/E ratio of 25.43 and a beta of 0.99. The firm has a 50 day moving average of $513.56 and a two-hundred day moving average of $477.80. iShares Core S&P 500 ETF has a 1-year low of $405.54 and a 1-year high of $527.16.

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.