Wallace Advisory Group LLC Decreases Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wallace Advisory Group LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,859 shares of the company’s stock after selling 468 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 2.0% of Wallace Advisory Group LLC’s holdings, making the stock its 8th biggest holding. Wallace Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $2,803,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Modus Advisors LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $33,000. Cedar Wealth Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $40,000. Finally, Brooklyn Investment Group bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at about $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $584.99 on Wednesday. The firm’s 50 day simple moving average is $598.35 and its 200 day simple moving average is $575.28. The company has a market capitalization of $504.79 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $472.11 and a fifty-two week high of $612.09.

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.