MBA Advisors LLC Trims Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

MBA Advisors LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 40.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,066 shares of the company’s stock after selling 2,049 shares during the period. iShares Core S&P 500 ETF accounts for about 0.9% of MBA Advisors LLC’s portfolio, making the stock its 27th largest holding. MBA Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,805,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Fonville Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 4.3% in the 4th quarter. Fonville Wealth Management LLC now owns 2,932 shares of the company’s stock valued at $1,726,000 after purchasing an additional 121 shares during the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $4,689,000. Ferguson Wellman Capital Management Inc. raised its holdings in iShares Core S&P 500 ETF by 3.8% in the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 179,926 shares of the company’s stock valued at $105,919,000 after buying an additional 6,592 shares during the period. Sensible Money LLC lifted its position in iShares Core S&P 500 ETF by 1.2% in the fourth quarter. Sensible Money LLC now owns 1,917 shares of the company’s stock valued at $1,129,000 after buying an additional 23 shares during the last quarter. Finally, Savant Capital LLC boosted its stake in iShares Core S&P 500 ETF by 46.1% during the fourth quarter. Savant Capital LLC now owns 123,879 shares of the company’s stock worth $72,925,000 after buying an additional 39,099 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $608.23 on Wednesday. The firm has a 50-day simple moving average of $600.69 and a two-hundred day simple moving average of $581.76. The stock has a market cap of $524.84 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $493.07 and a 1-year high of $613.79.

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.