iShares Core S&P 500 ETF $IVV Shares Sold by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 81.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 2,066 shares of the company’s stock after selling 8,932 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 0.8% of McClarren Financial Advisors Inc.’s portfolio, making the stock its 22nd biggest holding. McClarren Financial Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,350,000 at the end of the most recent quarter.

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

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $750.11 on Monday. The company’s 50-day moving average price is $734.01 and its 200-day moving average price is $700.78. The company has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $594.71 and a twelve month high of $764.00.

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.