Birch Hill Investment Advisors LLC Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Birch Hill Investment Advisors LLC trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,906 shares of the company’s stock after selling 4,941 shares during the period. Birch Hill Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $24,080,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVV. SYM FINANCIAL Corp bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $30,000. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $32,000. Ulland Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth $33,000. Finally, Cedar Wealth Management LLC raised its position in shares of 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 buying an additional 39 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.7 %

iShares Core S&P 500 ETF stock opened at $607.75 on Tuesday. The stock has a market cap of $524.43 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a 50-day simple moving average of $600.67 and a 200 day simple moving average of $581.29. iShares Core S&P 500 ETF has a 52 week low of $493.07 and a 52 week 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.