IFC Advisors LLC Sells 1,187 Shares of iShares Core S&P 500 ETF $IVV

IFC Advisors LLC lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,762 shares of the company’s stock after selling 1,187 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.4% of IFC Advisors LLC’s portfolio, making the stock its 16th biggest position. IFC Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $9,642,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Keenan LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $29,000. GS Investments Inc. lifted its stake in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $38,000. Finally, Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $758.11 on Monday. The firm has a market cap of $895.93 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $621.05 and a 12 month high of $764.00. The company’s fifty day simple moving average is $746.21 and its 200 day simple moving average is $707.26.

iShares Core S&P 500 ETF Company 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.