Wealthstar Advisors LLC Trims Stock Holdings in iShares Core S&P 500 ETF $IVV

Wealthstar Advisors LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 66.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 351 shares of the company’s stock after selling 704 shares during the period. Wealthstar Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $240,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $29,000. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. Dorato Capital Management acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $55,000. Finally, Maryland Capital Advisors Inc. grew its position in iShares Core S&P 500 ETF by 681.8% in the 4th quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock valued at $59,000 after acquiring an additional 75 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $714.89 on Thursday. The company has a market cap of $786.88 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average of $681.22 and a two-hundred day moving average of $683.55. iShares Core S&P 500 ETF has a 1-year low of $544.10 and a 1-year high of $718.95.

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. 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.