iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Red Wave Investments LLC

Red Wave Investments LLC trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,061 shares of the company’s stock after selling 33 shares during the period. iShares Core S&P 500 ETF makes up about 3.3% of Red Wave Investments LLC’s investment portfolio, making the stock its 8th biggest position. Red Wave Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $9,455,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. SYM FINANCIAL Corp bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $30,000. Modus Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $32,000. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth approximately $33,000. Finally, Cedar Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $602.87 on Friday. The firm’s 50 day moving average price is $601.14 and its two-hundred day moving average price is $585.52. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22. The stock has a market cap of $520.22 billion, a PE ratio of 25.23 and a beta of 0.99.

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.