iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,356 shares of the company’s stock after selling 221 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $2,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVV. Arvest Investments Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $21,775,000. Stewardship Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 33.2% in the 4th quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after purchasing an additional 20,951 shares during the period. Colonial River Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $2,596,000. Kathleen S. Wright Associates Inc. grew its holdings in iShares Core S&P 500 ETF by 4.6% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 4,714 shares of the company’s stock valued at $2,251,000 after purchasing an additional 207 shares during the period. Finally, Csenge Advisory Group increased its position in shares of iShares Core S&P 500 ETF by 7.3% in the third quarter. Csenge Advisory Group now owns 48,155 shares of the company’s stock valued at $20,679,000 after buying an additional 3,256 shares in the last quarter.

iShares Core S&P 500 ETF Stock Down 1.6 %

Shares of IVV stock traded down $8.08 during trading hours on Tuesday, hitting $504.51. 4,927,497 shares of the company’s stock were exchanged, compared to its average volume of 5,800,698. iShares Core S&P 500 ETF has a fifty-two week low of $405.54 and a fifty-two week high of $527.16. The firm has a market cap of $432.16 billion, a P/E ratio of 25.43 and a beta of 0.99. The firm has a 50 day moving average of $514.28 and a two-hundred day moving average of $482.51.

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.