Schechter Investment Advisors LLC Raises Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Schechter Investment Advisors LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,925 shares of the company’s stock after purchasing an additional 99 shares during the period. Schechter Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,722,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares Core S&P 500 ETF Trading Down 1.7 %

Shares of NYSEARCA:IVV opened at $586.79 on Tuesday. The company has a market cap of $583.65 billion, a PE ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The stock has a 50 day moving average of $600.86 and a 200 day moving average of $588.59.

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.