Palisades Hudson Asset Management L.P. Has $14.46 Million Stock Position in iShares Core S&P 500 ETF $IVV

Palisades Hudson Asset Management L.P. decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 27.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,108 shares of the company’s stock after selling 7,982 shares during the period. iShares Core S&P 500 ETF accounts for 5.6% of Palisades Hudson Asset Management L.P.’s portfolio, making the stock its 4th largest position. Palisades Hudson Asset Management L.P.’s holdings in iShares Core S&P 500 ETF were worth $14,457,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. Finally, Maryland Capital Advisors Inc. increased its stake in shares of iShares Core S&P 500 ETF by 681.8% during the fourth quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock valued at $59,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $722.07 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $558.69 and a fifty-two week high of $723.15. The company has a 50 day simple moving average of $681.91 and a two-hundred day simple moving average of $683.82. The company has a market capitalization of $794.78 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.