Palisades Hudson Asset Management L.P. Sells 537 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Palisades Hudson Asset Management L.P. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,687 shares of the company’s stock after selling 537 shares during the quarter. iShares Core S&P 500 ETF comprises 5.6% of Palisades Hudson Asset Management L.P.’s investment portfolio, making the stock its 5th biggest position. Palisades Hudson Asset Management L.P.’s holdings in iShares Core S&P 500 ETF were worth $13,356,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $5,813,061,000. Proficio Capital Partners LLC raised its stake in iShares Core S&P 500 ETF by 40,255.6% during the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after purchasing an additional 8,108,677 shares during the period. Raymond James Financial Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $2,428,403,000. Alberta Investment Management Corp raised its stake in iShares Core S&P 500 ETF by 121.2% during the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock worth $3,332,141,000 after purchasing an additional 3,101,389 shares during the period. Finally, MKP Capital Management L.L.C. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $1,568,883,000.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $563.44 on Tuesday. The company’s 50 day simple moving average is $598.50 and its 200-day simple moving average is $589.14. The company has a market capitalization of $560.43 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22.

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.