Park Edge Advisors LLC Reduces Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Park Edge Advisors LLC decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 660 shares of the company’s stock after selling 145 shares during the quarter. Park Edge Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $347,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IVV. International Assets Investment Management LLC increased its position in iShares Core S&P 500 ETF by 42,439.0% during the fourth quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock worth $4,121,085,000 after buying an additional 8,607,912 shares in the last quarter. Morgan Stanley boosted its holdings in shares of iShares Core S&P 500 ETF by 42.9% during the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after purchasing an additional 5,277,616 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $1,128,876,000. Pathstone Holdings LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $1,083,439,000. Finally, Bank of Nova Scotia boosted its holdings in shares of iShares Core S&P 500 ETF by 4,197.5% during the fourth quarter. Bank of Nova Scotia now owns 1,193,203 shares of the company’s stock worth $569,890,000 after purchasing an additional 1,165,438 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.4 %

Shares of IVV stock traded up $2.42 during mid-day trading on Thursday, hitting $554.33. 4,554,933 shares of the company’s stock were exchanged, compared to its average volume of 5,376,370. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $554.81. The stock has a 50-day simple moving average of $532.62 and a two-hundred day simple moving average of $511.42. The stock has a market cap of $478.33 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF 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.