Northstar Advisory Group LLC Lowers Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Northstar Advisory Group LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 62.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 10,769 shares of the company’s stock after selling 18,087 shares during the period. iShares Core S&P 500 ETF makes up 4.0% of Northstar Advisory Group LLC’s investment portfolio, making the stock its 5th largest position. Northstar Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $6,051,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Group Ltd. lifted its holdings in shares of iShares Core S&P 500 ETF by 2.2% during the 4th quarter. Wealth Group Ltd. now owns 194,825 shares of the company’s stock valued at $114,689,000 after buying an additional 4,284 shares during the period. Tallon Kerry Patrick bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $9,892,000. Midwest Capital Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $290,000. White & Co Financial Planning Inc bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $369,000. Finally, Heck Capital Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $331,591,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $602.57 on Tuesday. The business’s fifty day moving average price is $562.65 and its 200-day moving average price is $582.90. The stock has a market capitalization of $591.63 billion, a price-to-earnings ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $616.22.

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.