Advisory Services Network LLC Sells 6,168 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Advisory Services Network LLC trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 225,129 shares of the company’s stock after selling 6,168 shares during the period. iShares Core S&P 500 ETF makes up about 2.6% of Advisory Services Network LLC’s investment portfolio, making the stock its 2nd biggest position. Advisory Services Network LLC’s holdings in iShares Core S&P 500 ETF were worth $118,357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Eukles Asset Management lifted its holdings in iShares Core S&P 500 ETF by 126.9% in the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after buying an additional 33 shares during the period. Burkett Financial Services LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $31,000. Thompson Investment Management Inc. acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $37,000. Ables Iannone Moore & Associates Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $44,000. Finally, Evolution Advisers Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $48,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV traded up $4.80 during trading hours on Friday, hitting $564.26. The stock had a trading volume of 767,615 shares, compared to its average volume of 5,238,481. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $565.36. The company has a market cap of $486.90 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s 50 day moving average is $538.80 and its 200-day moving average is $514.66.

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.