Acorn Wealth Advisors LLC Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Acorn Wealth Advisors LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.4% during the 4th quarter, HoldingsChannel reports. The fund owned 491 shares of the company’s stock after selling 51 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. SYM FINANCIAL Corp bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $30,000. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $32,000. Ulland Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $33,000. Finally, Advantage Trust Co bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $36,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $600.00 on Tuesday. The firm’s 50 day simple moving average is $600.94 and its two-hundred day simple moving average is $586.86. The company has a market capitalization of $517.74 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22.

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.