Gradient Investments LLC Has $267,000 Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Gradient Investments LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 34.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 454 shares of the company’s stock after selling 234 shares during the period. Gradient Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $267,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $33,000. Cedar Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the period. Finally, Kennebec Savings Bank bought a new position in iShares Core S&P 500 ETF during the third quarter worth $40,000.

iShares Core S&P 500 ETF Stock Down 0.3 %

IVV stock opened at $610.89 on Monday. The firm has a market cap of $527.14 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company’s fifty day simple moving average is $599.34 and its 200 day simple moving average is $577.87. iShares Core S&P 500 ETF has a 12-month low of $485.19 and a 12-month high of $613.79.

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.