Financial Advisory Corp Sells 2,880 Shares of iShares Core S&P 500 ETF $IVV

Financial Advisory Corp lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 184,231 shares of the company’s stock after selling 2,880 shares during the quarter. iShares Core S&P 500 ETF comprises about 18.4% of Financial Advisory Corp’s investment portfolio, making the stock its largest position. Financial Advisory Corp’s holdings in iShares Core S&P 500 ETF were worth $126,187,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVV. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $29,000. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $38,000. Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $39,000. Dorato Capital Management bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $55,000. Finally, Maryland Capital Advisors Inc. raised its position in shares of iShares Core S&P 500 ETF by 681.8% during the fourth quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock worth $59,000 after acquiring an additional 75 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 1.0%

IVV stock opened at $714.56 on Thursday. The company has a market cap of $784.87 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 $536.37 and a twelve month high of $715.66. The business has a fifty day moving average of $678.26 and a 200-day moving average of $681.99.

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.