iShares Core S&P 500 ETF (NYSEARCA:IVV) Stock Position Lowered by Quad Cities Investment Group LLC

Quad Cities Investment Group LLC lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 9,424 shares of the company’s stock after selling 356 shares during the period. iShares Core S&P 500 ETF makes up approximately 2.7% of Quad Cities Investment Group LLC’s portfolio, making the stock its 8th biggest holding. Quad Cities Investment Group LLC’s holdings in iShares Core S&P 500 ETF were worth $5,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the stock. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $33,000. Cedar Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 139.3% during 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 position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $40,000. Finally, Brooklyn Investment Group purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $584.99 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $472.11 and a 1 year high of $612.09. The company has a market cap of $504.79 billion, a PE ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average is $598.35 and its 200 day moving average is $575.28.

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.