LM Advisors LLC Decreases Holdings in iShares Core S&P 500 ETF $IVV

LM Advisors LLC trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,874 shares of the company’s stock after selling 862 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 0.7% of LM Advisors LLC’s holdings, making the stock its 19th biggest holding. LM Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,284,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core S&P 500 ETF by 1.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after buying an additional 409,816 shares during the period. Marshall Wace LLP increased its stake in shares of iShares Core S&P 500 ETF by 17.9% in the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after buying an additional 4,928,585 shares during the period. Creative Planning increased its stake in shares of iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after buying an additional 505,293 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 40.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after buying an additional 4,854,227 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in iShares Core S&P 500 ETF by 2.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,763,521 shares of the company’s stock valued at $10,797,066,000 after acquiring an additional 310,464 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.6%

NYSEARCA:IVV opened at $745.14 on Friday. The stock has a market cap of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s fifty day simple moving average is $725.41 and its 200 day simple moving average is $698.23. iShares Core S&P 500 ETF has a twelve month low of $594.71 and a twelve month high of $764.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.