iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Cardinal Strategic Wealth Guidance

Cardinal Strategic Wealth Guidance lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 120,930 shares of the company’s stock after selling 3,880 shares during the quarter. iShares Core S&P 500 ETF comprises about 22.7% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its biggest holding. Cardinal Strategic Wealth Guidance’s holdings in iShares Core S&P 500 ETF were worth $71,189,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $30,000. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $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 valued at $39,000 after buying an additional 39 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $606.21 on Thursday. The firm has a 50 day simple moving average of $600.72 and a 200-day simple moving average of $582.19. The firm has a market cap of $523.10 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $493.07 and a 1-year high of $613.79.

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.