Elgethun Capital Management Cuts Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Elgethun Capital Management trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 54.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 360 shares of the company’s stock after selling 438 shares during the quarter. Elgethun Capital Management’s holdings in iShares Core S&P 500 ETF were worth $212,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after buying an additional 2,187,803 shares during the last quarter. Wells Fargo & Company MN boosted its stake in iShares Core S&P 500 ETF by 11.8% in the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock valued at $10,509,189,000 after acquiring an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Core S&P 500 ETF by 2.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after purchasing an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after purchasing an additional 183,962 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in iShares Core S&P 500 ETF by 4.1% in the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock valued at $7,094,566,000 after purchasing an additional 476,796 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $507.61 on Monday. iShares Core S&P 500 ETF has a 1 year low of $485.19 and a 1 year high of $616.22. The business has a fifty day simple moving average of $585.52 and a two-hundred day simple moving average of $589.36. The company has a market capitalization of $522.84 billion, a P/E ratio of 24.79 and a beta of 1.01.

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.