Modera Wealth Management LLC Trims Stock Holdings in iShares Core S&P 500 ETF $IVV

Modera Wealth Management LLC decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 243,877 shares of the ETF’s stock after selling 14,590 shares during the quarter. iShares Core S&P 500 ETF comprises 1.9% of Modera Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Modera Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $159,303,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Keenan LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Finally, Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.0%

Shares of IVV stock opened at $746.72 on Friday. The stock has a market capitalization of $879.71 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $622.31 and a 52-week high of $764.00. The stock’s 50-day moving average price is $748.30 and its 200 day moving average price is $709.28.

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.