Cambridge Investment Research Advisors Inc. Has $683.31 Million Position in iShares Core S&P 500 ETF $IVV

Cambridge Investment Research Advisors Inc. lessened its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 997,615 shares of the company’s stock after selling 10,362 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.8% of Cambridge Investment Research Advisors Inc.’s holdings, making the stock its 6th biggest holding. Cambridge Investment Research Advisors Inc. owned 0.09% of iShares Core S&P 500 ETF worth $683,306,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IVV. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $29,000. Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $39,000. Dorato Capital Management purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $742.45 on Friday. The company has a market cap of $819.85 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $578.31 and a 52 week high of $753.02. The firm has a 50 day simple moving average of $691.05 and a 200 day simple moving average of $688.30.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.