Morling Financial Advisors LLC Trims Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Morling Financial Advisors LLC lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,491 shares of the company’s stock after selling 80 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.8% of Morling Financial Advisors LLC’s portfolio, making the stock its 13th biggest holding. Morling Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $5,333,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Jackson Hole Capital Partners LLC increased its position in iShares Core S&P 500 ETF by 2.4% during the first quarter. Jackson Hole Capital Partners LLC now owns 22,727 shares of the company’s stock valued at $12,770,000 after acquiring an additional 522 shares during the last quarter. Sunbeam Capital Management LLC increased its position in iShares Core S&P 500 ETF by 5.5% during the first quarter. Sunbeam Capital Management LLC now owns 29,989 shares of the company’s stock valued at $16,851,000 after acquiring an additional 1,565 shares during the last quarter. Lifeworks Advisors LLC increased its position in iShares Core S&P 500 ETF by 49.6% during the first quarter. Lifeworks Advisors LLC now owns 11,972 shares of the company’s stock valued at $6,727,000 after acquiring an additional 3,971 shares during the last quarter. Journey Strategic Wealth LLC increased its position in iShares Core S&P 500 ETF by 6.9% during the first quarter. Journey Strategic Wealth LLC now owns 524,358 shares of the company’s stock valued at $294,637,000 after acquiring an additional 33,908 shares during the last quarter. Finally, Advisor OS LLC increased its position in iShares Core S&P 500 ETF by 2.3% in the first quarter. Advisor OS LLC now owns 3,597 shares of the company’s stock worth $2,021,000 after buying an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.2%

IVV traded up $1.32 during midday trading on Thursday, reaching $638.65. The company had a trading volume of 844,340 shares, compared to its average volume of 6,540,879. The business has a 50-day moving average of $608.83 and a two-hundred day moving average of $586.75. The company has a market cap of $643.53 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $638.66.

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.