iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Morningstar Investment Services LLC

Morningstar Investment Services LLC lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Get Rating) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 158,944 shares of the company’s stock after selling 2,910 shares during the quarter. Morningstar Investment Services LLC’s holdings in iShares Core S&P 500 ETF were worth $61,160,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. MinichMacGregor Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth approximately $26,000. Core Alternative Capital purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $36,000. Laffer Tengler Investments purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $55,000. McElhenny Sheffield Capital Management LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $59,000. Finally, Magnolia Capital Management Ltd. purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $59,000.

iShares Core S&P 500 ETF Trading Up 1.2 %

NYSEARCA:IVV traded up $4.80 during midday trading on Friday, reaching $421.28. The company had a trading volume of 2,003,018 shares, compared to its average volume of 4,026,808. The firm has a market capitalization of $313.64 billion, a price-to-earnings ratio of 18.43 and a beta of 1.00. The stock’s fifty day simple moving average is $410.58 and its 200-day simple moving average is $402.35. iShares Core S&P 500 ETF has a 12-month low of $349.53 and a 12-month high of $434.03.

About iShares Core S&P 500 ETF

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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.