iShares Core S&P 500 ETF (NYSEARCA:IVV) is Sheets Smith Wealth Management’s 3rd Largest Position

Sheets Smith Wealth Management lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,667 shares of the company’s stock after selling 168 shares during the period. iShares Core S&P 500 ETF accounts for approximately 3.2% of Sheets Smith Wealth Management’s portfolio, making the stock its 3rd largest position. Sheets Smith Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $26,111,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IVV. Eukles Asset Management raised its stake in iShares Core S&P 500 ETF by 126.9% during the 4th quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after acquiring an additional 33 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth about $41,000. Evolution Advisers Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $48,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $62,000. Finally, Your Advocates Ltd. LLP grew its stake in iShares Core S&P 500 ETF by 280.5% during the 3rd quarter. Your Advocates Ltd. LLP now owns 156 shares of the company’s stock worth $67,000 after buying an additional 115 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 1.3 %

Shares of NYSEARCA IVV traded up $6.38 during midday trading on Friday, reaching $513.84. 3,003,970 shares of the company were exchanged, compared to its average volume of 5,734,856. The stock has a market cap of $443.39 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 $405.54 and a 1 year high of $527.16. The stock has a fifty day simple moving average of $514.48 and a 200 day simple moving average of $484.53.

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.