Sugarloaf Wealth Management LLC Trims Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sugarloaf Wealth Management LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,032 shares of the company’s stock after selling 36 shares during the period. Sugarloaf Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,785,000 at the end of the most recent reporting period.

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

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock traded down $7.10 during midday trading on Friday, reaching $585.09. 3,716,300 shares of the company’s stock traded hands, compared to its average volume of 5,361,128. The company has a market cap of $504.87 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $472.11 and a 52 week high of $612.09. The company’s 50 day simple moving average is $597.81 and its 200 day simple moving average is $574.14.

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.