Moneywise Inc. Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Moneywise Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,529 shares of the company’s stock after selling 579 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.0% of Moneywise Inc.’s investment portfolio, making the stock its 22nd biggest holding. Moneywise Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,077,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Balboa Wealth Partners raised its stake in iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after acquiring an additional 17 shares during the period. TruWealth Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock valued at $534,000 after buying an additional 18 shares in the last quarter. Lewis Asset Management LLC grew its holdings in iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after buying an additional 18 shares in the last quarter. Hassell Wealth Management LLC grew its holdings in iShares Core S&P 500 ETF by 2.6% during the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after buying an additional 18 shares in the last quarter. Finally, Sandbox Financial Partners LLC grew its holdings in iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock valued at $974,000 after buying an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $603.80 on Friday. iShares Core S&P 500 ETF has a 1 year low of $493.07 and a 1 year high of $613.79. The company has a 50 day simple moving average of $600.71 and a two-hundred day simple moving average of $580.54. The firm has a market cap of $521.02 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.