Matrix Trust Co Has $25.83 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Matrix Trust Co lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% in the 4th quarter, HoldingsChannel reports. The firm owned 43,871 shares of the company’s stock after selling 100 shares during the period. iShares Core S&P 500 ETF makes up approximately 4.5% of Matrix Trust Co’s holdings, making the stock its 8th largest holding. Matrix Trust Co’s holdings in iShares Core S&P 500 ETF were worth $25,826,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Modus Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $32,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $33,000. Cedar Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 139.3% in 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 period. Kennebec Savings Bank purchased a new stake in iShares Core S&P 500 ETF during the third quarter worth about $40,000. Finally, Brooklyn Investment Group bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $42,000.

iShares Core S&P 500 ETF Trading Down 1.5 %

NYSEARCA:IVV opened at $583.33 on Monday. iShares Core S&P 500 ETF has a 12 month low of $472.11 and a 12 month high of $612.09. The firm’s 50 day moving average is $598.01 and its 200 day moving average is $574.77. The stock has a market capitalization of $503.36 billion, a PE 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.