Snider Financial Group Cuts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Snider Financial Group decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% in the fourth quarter, Holdings Channel reports. The fund owned 56,657 shares of the company’s stock after selling 2,378 shares during the period. iShares Core S&P 500 ETF accounts for 10.3% of Snider Financial Group’s investment portfolio, making the stock its biggest holding. Snider Financial Group’s holdings in iShares Core S&P 500 ETF were worth $33,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. SYM FINANCIAL Corp bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $30,000. Modus Advisors LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $32,000. Ulland Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $32,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at $33,000. Finally, Advantage Trust Co acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $36,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $579.71 on Wednesday. The company has a 50 day moving average of $600.36 and a 200-day moving average of $588.75. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The stock has a market cap of $576.61 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01.

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.