iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Fortitude Advisory Group L.L.C.

Fortitude Advisory Group L.L.C. trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,626 shares of the company’s stock after selling 40 shares during the quarter. iShares Core S&P 500 ETF makes up 0.9% of Fortitude Advisory Group L.L.C.’s portfolio, making the stock its 20th biggest holding. Fortitude Advisory Group L.L.C.’s holdings in iShares Core S&P 500 ETF were worth $1,546,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at about $33,000. Cedar Wealth Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 139.3% during 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. Finally, Kennebec Savings Bank purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth about $40,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $604.91 on Thursday. The company has a market capitalization of $521.98 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $613.79. The stock has a fifty day moving average of $599.85 and a two-hundred day moving average of $578.58.

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.