Elgethun Capital Management Sells 438 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Elgethun Capital Management cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 54.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 360 shares of the company’s stock after selling 438 shares during the quarter. Elgethun Capital Management’s holdings in iShares Core S&P 500 ETF were worth $212,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. SYM FINANCIAL Corp bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Murphy & Mullick Capital Management Corp bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at $30,000. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Sellwood Investment Partners LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Finally, Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $32,000.

iShares Core S&P 500 ETF Trading Down 6.0 %

Shares of NYSEARCA IVV opened at $507.61 on Monday. The business has a 50-day moving average of $585.52 and a 200-day moving average of $589.36. The firm has a market capitalization of $522.84 billion, a price-to-earnings ratio of 24.79 and a beta of 1.01. iShares Core S&P 500 ETF has a 12 month low of $485.19 and a 12 month high of $616.22.

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.