IFP Advisors Inc Sells 2,266 Shares of iShares Core S&P 500 ETF $IVV

IFP Advisors Inc cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 51,716 shares of the company’s stock after selling 2,266 shares during the period. iShares Core S&P 500 ETF comprises approximately 0.8% of IFP Advisors Inc’s portfolio, making the stock its 15th largest holding. IFP Advisors Inc’s holdings in iShares Core S&P 500 ETF were worth $35,422,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Nicollet Investment Management Inc. raised its stake in shares of iShares Core S&P 500 ETF by 1.0% during the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after acquiring an additional 15 shares during the last quarter. Anchor Investment Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 3.1% during the third quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after acquiring an additional 15 shares during the last quarter. Wealth Effects LLC raised its stake in shares of iShares Core S&P 500 ETF by 0.4% during the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after acquiring an additional 15 shares during the last quarter. West Wealth Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after acquiring an additional 15 shares during the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management raised its stake in shares of iShares Core S&P 500 ETF by 2.9% during the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock valued at $369,000 after acquiring an additional 15 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.6%

Shares of NYSEARCA:IVV opened at $737.19 on Wednesday. The company has a market cap of $814.04 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company has a 50-day moving average price of $693.43 and a 200-day moving average price of $688.99. iShares Core S&P 500 ETF has a 12 month low of $578.31 and a 12 month high of $753.02.

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. 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.