Planning Alternatives Ltd. ADV Reduces Position in iShares Core S&P 500 ETF $IVV

Planning Alternatives Ltd. ADV lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 414,533 shares of the company’s stock after selling 5,314 shares during the quarter. iShares Core S&P 500 ETF makes up about 35.8% of Planning Alternatives Ltd. ADV’s portfolio, making the stock its biggest position. Planning Alternatives Ltd. ADV’s holdings in iShares Core S&P 500 ETF were worth $283,930,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVV. Heck Capital Advisors LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth approximately $331,591,000. Bison Wealth LLC boosted its position in iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after acquiring an additional 45 shares in the last quarter. First Trust Advisors LP boosted its position in iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. boosted its position in iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of NYSEARCA IVV opened at $749.14 on Friday. The stock has a market capitalization of $827.24 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s fifty day simple moving average is $697.42 and its two-hundred day simple moving average is $690.27. iShares Core S&P 500 ETF has a 12-month low of $578.31 and a 12-month high of $753.02.

iShares Core S&P 500 ETF 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. 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.