Absolute Capital Management LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 8.8% during the fourth quarter, Holdings Channel reports. The firm owned 5,977 shares of the company’s stock after selling 577 shares during the quarter. iShares Core S&P 500 ETF comprises 2.0% of Absolute Capital Management LLC’s portfolio, making the stock its 13th largest holding. Absolute Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $3,528,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Sandbox Financial Partners LLC raised its holdings in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after purchasing an additional 18 shares during the period. Dodds Wealth LLC raised its holdings in shares of iShares Core S&P 500 ETF by 0.9% during the fourth quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock worth $1,216,000 after purchasing an additional 18 shares during the period. Everhart Financial Group Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Everhart Financial Group Inc. now owns 5,177 shares of the company’s stock worth $3,047,000 after purchasing an additional 18 shares during the period. Global Strategic Investment Solutions LLC raised its holdings in shares of iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,242 shares of the company’s stock worth $3,086,000 after purchasing an additional 18 shares during the period. Finally, Park Edge Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 3.2% during the fourth quarter. Park Edge Advisors LLC now owns 604 shares of the company’s stock worth $356,000 after purchasing an additional 19 shares during the period.
iShares Core S&P 500 ETF Stock Performance
Shares of NYSEARCA:IVV opened at $566.74 on Friday. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22. The company’s fifty day moving average is $593.94 and its two-hundred day moving average is $588.76. The stock has a market capitalization of $545.77 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01.
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.
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