Eagle Bay Advisors LLC Lowers Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Eagle Bay Advisors LLC lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,178 shares of the company’s stock after selling 1,811 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 3.0% of Eagle Bay Advisors LLC’s portfolio, making the stock its 7th largest holding. Eagle Bay Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $4,814,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Modus Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $33,000. Cedar Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $40,000. Finally, Brooklyn Investment Group purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $42,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV traded down $4.17 during midday trading on Monday, hitting $579.16. 1,435,608 shares of the company’s stock traded hands, compared to its average volume of 5,095,913. iShares Core S&P 500 ETF has a 1 year low of $472.11 and a 1 year high of $612.09. The stock has a market capitalization of $499.76 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm has a fifty day moving average of $598.01 and a 200 day moving average of $574.77.

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.