Morling Financial Advisors LLC Lowers Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Morling Financial Advisors LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,937 shares of the company’s stock after selling 290 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 3.8% of Morling Financial Advisors LLC’s holdings, making the stock its 9th largest position. Morling Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $4,746,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Eukles Asset Management lifted its position in iShares Core S&P 500 ETF by 126.9% in the 4th quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. Horizon Bancorp Inc. IN bought a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $40,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $41,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $62,000. Finally, Your Advocates Ltd. LLP raised its stake in iShares Core S&P 500 ETF by 280.5% during the 3rd quarter. Your Advocates Ltd. LLP now owns 156 shares of the company’s stock valued at $67,000 after buying an additional 115 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 0.0 %

IVV traded down $0.20 during mid-day trading on Wednesday, reaching $507.97. 4,407,363 shares of the company traded hands, compared to its average volume of 5,894,753. The stock has a market capitalization of $435.13 billion, a P/E ratio of 25.43 and a beta of 0.99. The company’s fifty day moving average price is $513.72 and its 200-day moving average price is $480.45. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16.

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.