iShares Core S&P 500 ETF (NYSEARCA:IVV) is Cornerstone Advisors Asset Management LLC’s 4th Largest Position

Cornerstone Advisors Asset Management LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,655 shares of the company’s stock after selling 58 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 6.2% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 4th largest position. Cornerstone Advisors Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $28,642,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $32,000. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $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. Finally, Cedar Wealth Management LLC lifted its stake in 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 acquiring an additional 39 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.2 %

IVV opened at $615.85 on Thursday. The stock’s 50-day moving average price is $601.10 and its 200 day moving average price is $584.74. iShares Core S&P 500 ETF has a 12-month low of $495.94 and a 12-month high of $616.22. The firm has a market cap of $531.42 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.