Goodwin Investment Advisory Sells 1,899 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Goodwin Investment Advisory lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 26.2% in the fourth quarter, Holdings Channel reports. The firm owned 5,344 shares of the company’s stock after selling 1,899 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.3% of Goodwin Investment Advisory’s holdings, making the stock its 11th biggest position. Goodwin Investment Advisory’s holdings in iShares Core S&P 500 ETF were worth $2,552,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Studio Investment Management LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $33,000. Horizon Bancorp Inc. IN bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $40,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $41,000. Financial Freedom LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $52,000. Finally, Hibernia Wealth Partners LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $54,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $502.49 on Thursday. The company has a market capitalization of $430.43 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. The company has a 50-day simple moving average of $513.62 and a 200 day simple moving average of $477.98. 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.