FSC Wealth Advisors LLC Lowers Holdings in iShares Core S&P 500 ETF $IVV

FSC Wealth Advisors LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 72.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 307 shares of the company’s stock after selling 790 shares during the quarter. iShares Core S&P 500 ETF comprises about 3.8% of FSC Wealth Advisors LLC’s portfolio, making the stock its 13th biggest position. FSC Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Private Trust Co. grew its holdings in iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after purchasing an additional 3,711 shares during the period. Hubbell Strickland Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after purchasing an additional 792 shares during the period. Belpointe Asset Management LLC raised its position in shares of iShares Core S&P 500 ETF by 4.5% during the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after buying an additional 1,700 shares during the period. Atria Investments Inc grew its holdings in shares of iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after purchasing an additional 30,777 shares during the period. Finally, M&T Bank Corp increased its position in shares of iShares Core S&P 500 ETF by 0.8% during the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after acquiring an additional 10,723 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $730.17 on Friday. The business has a 50-day moving average of $738.65 and a 200 day moving average of $702.45. iShares Core S&P 500 ETF has a 12 month low of $613.79 and a 12 month high of $764.00. The stock has a market capitalization of $806.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.