D.B. Root & Company LLC Cuts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

D.B. Root & Company LLC cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,168 shares of the company’s stock after selling 55 shares during the quarter. D.B. Root & Company LLC’s holdings in iShares Core S&P 500 ETF were worth $688,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVV. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Ulland Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Cedar Wealth Management LLC boosted its stake in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares during the last quarter. Finally, Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $40,000.

iShares Core S&P 500 ETF Stock Down 0.3 %

IVV opened at $610.89 on Friday. The company’s 50-day moving average price is $598.89 and its two-hundred day moving average price is $577.37. iShares Core S&P 500 ETF has a twelve month low of $485.19 and a twelve month high of $613.79. The stock has a market cap of $527.14 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Company 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.