Diversified Portfolios Inc. Decreases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Diversified Portfolios Inc. decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,938 shares of the company’s stock after selling 119 shares during the quarter. iShares Core S&P 500 ETF comprises about 2.4% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 11th largest position. Diversified Portfolios Inc.’s holdings in iShares Core S&P 500 ETF were worth $22,333,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its stake in iShares Core S&P 500 ETF by 1.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 676,484 shares of the company’s stock valued at $397,412,000 after purchasing an additional 11,795 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in iShares Core S&P 500 ETF by 7.0% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 560,462 shares of the company’s stock valued at $329,933,000 after acquiring an additional 36,454 shares during the last quarter. Kentucky Trust Co bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $147,000. Gladstone Institutional Advisory LLC increased its position in iShares Core S&P 500 ETF by 2.2% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 77,913 shares of the company’s stock valued at $45,866,000 after acquiring an additional 1,646 shares during the last quarter. Finally, Alaska Permanent Capital Management increased its position in iShares Core S&P 500 ETF by 4.3% during the fourth quarter. Alaska Permanent Capital Management now owns 128,338 shares of the company’s stock valued at $75,536,000 after acquiring an additional 5,283 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 1.1 %

IVV stock opened at $612.67 on Friday. iShares Core S&P 500 ETF has a twelve month low of $495.94 and a twelve month high of $613.79. The stock has a market capitalization of $528.67 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm’s fifty day simple moving average is $600.63 and its two-hundred day simple moving average is $582.36.

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.