Stonebrook Private Inc. Has $556,000 Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Stonebrook Private Inc. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.7% during the fourth quarter, HoldingsChannel reports. The fund owned 945 shares of the company’s stock after selling 47 shares during the quarter. Stonebrook Private Inc.’s holdings in iShares Core S&P 500 ETF were worth $556,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IVV. Marshall Wace LLP increased its position in iShares Core S&P 500 ETF by 1.9% during the fourth quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after buying an additional 446,000 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Core S&P 500 ETF by 11.7% during the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after buying an additional 2,187,803 shares during the last quarter. Wells Fargo & Company MN increased its position in iShares Core S&P 500 ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock worth $10,509,189,000 after buying an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. increased its position in iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after buying an additional 338,269 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in iShares Core S&P 500 ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after buying an additional 183,962 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $597.04 on Friday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $616.22. The company has a 50-day moving average of $554.05 and a two-hundred day moving average of $582.74. The stock has a market capitalization of $593.61 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01.

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.