Beacon Investment Advisory Services Inc. Sells 9,628 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Beacon Investment Advisory Services Inc. decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,767 shares of the company’s stock after selling 9,628 shares during the quarter. iShares Core S&P 500 ETF makes up 1.2% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 26th biggest holding. Beacon Investment Advisory Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $28,708,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IVV. Compass Ion Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 27.5% in the 3rd quarter. Compass Ion Advisors LLC now owns 10,567 shares of the company’s stock valued at $6,096,000 after purchasing an additional 2,278 shares during the last quarter. Bluesphere Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 1.8% in the third quarter. Bluesphere Advisors LLC now owns 77,786 shares of the company’s stock valued at $44,869,000 after buying an additional 1,405 shares during the period. Daiwa Securities Group Inc. boosted its position in iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after acquiring an additional 95,234 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 23.3% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock worth $206,135,000 after acquiring an additional 67,472 shares during the period. Finally, Trinity Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 5.0% in the 3rd quarter. Trinity Wealth Management LLC now owns 1,738 shares of the company’s stock worth $1,003,000 after acquiring an additional 83 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $610.89 on Friday. The stock’s 50-day moving average is $598.89 and its 200 day moving average is $577.37. iShares Core S&P 500 ETF has a one year low of $485.19 and a one year high of $613.79. The firm has a market cap of $527.14 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.