iShares Core S&P 500 ETF $IVV Stake Lowered by MRA Advisory Group

MRA Advisory Group cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 49.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,025 shares of the company’s stock after selling 19,617 shares during the period. iShares Core S&P 500 ETF makes up about 5.8% of MRA Advisory Group’s portfolio, making the stock its 3rd biggest holding. MRA Advisory Group’s holdings in iShares Core S&P 500 ETF were worth $13,716,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at $39,000. Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $55,000. Winnow Wealth LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter worth about $61,000. Texas Capital Bancshares Inc TX bought a new stake in iShares Core S&P 500 ETF during the third quarter worth approximately $68,000. Finally, Ulland Investment Advisors LLC increased its stake in iShares Core S&P 500 ETF by 87.3% during the third quarter. Ulland Investment Advisors LLC now owns 103 shares of the company’s stock worth $69,000 after acquiring an additional 48 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $658.96 on Friday. The stock’s fifty day moving average is $678.58 and its 200 day moving average is $679.61. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The firm has a market capitalization of $726.73 billion, a PE ratio of 25.10 and a beta of 1.00.

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. 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.