Sequoia Financial Advisors LLC Has $50.30 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sequoia Financial Advisors LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,448 shares of the company’s stock after selling 1,625 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $50,302,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nisa Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $5,813,061,000. Wealthfront Advisers LLC grew its position in shares of iShares Core S&P 500 ETF by 553,404.4% in the 4th quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock valued at $5,024,406,000 after buying an additional 8,533,496 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of iShares Core S&P 500 ETF by 40,255.6% in the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock valued at $4,785,274,000 after buying an additional 8,108,677 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $2,428,403,000. Finally, Alberta Investment Management Corp raised its position in shares of iShares Core S&P 500 ETF by 121.2% during the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock worth $3,332,141,000 after acquiring an additional 3,101,389 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $558.64 on Wednesday. The firm has a market cap of $555.65 billion, a P/E ratio of 26.66 and a beta of 1.01. The stock’s 50 day moving average is $597.89 and its 200 day moving average is $589.10. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22.

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.