Wealthspire Advisors LLC Lowers Holdings in iShares Core S&P 500 ETF $IVV

Wealthspire Advisors LLC trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 49.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,663,792 shares of the company’s stock after selling 2,593,980 shares during the quarter. iShares Core S&P 500 ETF accounts for about 14.5% of Wealthspire Advisors LLC’s holdings, making the stock its largest position. Wealthspire Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,824,538,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $29,000. GS Investments Inc. grew its position in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after acquiring an additional 20 shares during the period. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter worth $39,000. Finally, Dorato Capital Management acquired a new position in iShares Core S&P 500 ETF in the fourth quarter worth $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $745.14 on Friday. The firm has a market cap of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00. The business’s fifty day moving average is $725.41 and its two-hundred day moving average is $698.23. iShares Core S&P 500 ETF has a 52 week low of $594.71 and a 52 week high of $764.00.

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.