Addison Advisors LLC Sells 251 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Addison Advisors LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,721 shares of the company’s stock after selling 251 shares during the quarter. Addison Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $822,000 at the end of the most recent quarter.

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

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV traded up $4.95 during trading on Friday, reaching $510.77. 4,026,864 shares of the stock traded hands, compared to its average volume of 5,844,797. The stock has a 50-day moving average of $514.07 and a two-hundred day moving average of $481.66. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16. The stock has a market cap of $437.53 billion, a P/E ratio of 25.43 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.