Waterfront Wealth Inc. Sells 242 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Waterfront Wealth Inc. decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 15.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,363 shares of the company’s stock after selling 242 shares during the quarter. Waterfront Wealth Inc.’s holdings in iShares Core S&P 500 ETF were worth $651,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Red Tortoise LLC lifted its position in shares of iShares Core S&P 500 ETF by 31.7% during the 4th quarter. Red Tortoise LLC now owns 21,214 shares of the company’s stock worth $10,132,000 after buying an additional 5,110 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in iShares Core S&P 500 ETF by 28.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 195,029 shares of the company’s stock valued at $93,151,000 after purchasing an additional 43,689 shares during the period. Continuum Wealth Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Continuum Wealth Advisors LLC now owns 36,062 shares of the company’s stock valued at $17,224,000 after purchasing an additional 17,402 shares during the last quarter. Stone House Investment Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 31.4% during the 4th quarter. Stone House Investment Management LLC now owns 126,134 shares of the company’s stock worth $60,245,000 after purchasing an additional 30,176 shares during the period. Finally, Archer Investment Corp boosted its holdings in shares of iShares Core S&P 500 ETF by 4.6% in the 4th quarter. Archer Investment Corp now owns 2,843 shares of the company’s stock worth $1,358,000 after buying an additional 125 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.2 %

IVV traded up $1.12 during trading on Thursday, hitting $504.16. 420,004 shares of the company traded hands, compared to its average volume of 5,892,747. iShares Core S&P 500 ETF has a one year low of $405.54 and a one year high of $527.16. The stock’s fifty day moving average is $513.62 and its 200 day moving average is $477.98. The firm has a market cap of $431.86 billion, a P/E ratio of 25.43 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.