Evernest Financial Advisors LLC Cuts Position in iShares Core S&P 500 ETF $IVV

Evernest Financial Advisors LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.7% during the fourth quarter, HoldingsChannel reports. The fund owned 21,933 shares of the company’s stock after selling 5,048 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 3.3% of Evernest Financial Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Evernest Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $15,289,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. GS Investments Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $39,000. Finally, Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $745.14 on Monday. The company’s 50-day moving average price is $725.41 and its 200-day moving average price is $698.42. The stock has a market cap of $822.82 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $594.71 and a 12 month high of $764.00.

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. 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.