Cooper Financial Group Decreases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cooper Financial Group reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.4% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,679 shares of the company’s stock after selling 668 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 0.8% of Cooper Financial Group’s portfolio, making the stock its 26th largest holding. Cooper Financial Group’s holdings in iShares Core S&P 500 ETF were worth $6,875,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at about $33,000. Cedar Wealth Management LLC raised its holdings in shares of 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 valued at $39,000 after buying an additional 39 shares in the last quarter. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $40,000. Finally, Brooklyn Investment Group purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $42,000.

iShares Core S&P 500 ETF Trading Down 0.1 %

IVV stock traded down $0.65 during midday trading on Monday, hitting $582.68. The company had a trading volume of 2,003,855 shares, compared to its average volume of 5,194,044. The stock’s 50 day moving average price is $598.01 and its 200 day moving average price is $574.77. iShares Core S&P 500 ETF has a 52 week low of $472.11 and a 52 week high of $612.09. The stock has a market cap of $502.79 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.