Davis R M Inc. Reduces Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Davis R M Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,748 shares of the company’s stock after selling 57 shares during the period. Davis R M Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $30,000. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $33,000. Finally, Advantage Trust Co acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $36,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $558.64 on Wednesday. The firm’s fifty day moving average is $597.89 and its two-hundred day moving average is $589.10. The firm has a market cap of $555.65 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22.

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.