Ade LLC Has $14.31 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Ade LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% in the 4th quarter, HoldingsChannel reports. The fund owned 29,966 shares of the company’s stock after selling 500 shares during the period. iShares Core S&P 500 ETF makes up about 9.9% of Ade LLC’s holdings, making the stock its 2nd biggest holding. Ade LLC’s holdings in iShares Core S&P 500 ETF were worth $14,313,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Arvest Investments Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $21,775,000. Stewardship Advisors LLC grew its stake in iShares Core S&P 500 ETF by 33.2% in the 4th quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock valued at $40,154,000 after purchasing an additional 20,951 shares during the period. Colonial River Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $2,596,000. Csenge Advisory Group grew its stake in iShares Core S&P 500 ETF by 7.3% in the 3rd quarter. Csenge Advisory Group now owns 48,155 shares of the company’s stock valued at $20,679,000 after purchasing an additional 3,256 shares during the period. Finally, Sage Financial Management Group Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $19,984,000.

iShares Core S&P 500 ETF Stock Down 0.1 %

IVV traded down $0.64 during trading on Friday, reaching $501.24. 1,144,440 shares of the company were exchanged, compared to its average volume of 5,887,620. The company’s 50-day moving average is $513.64 and its two-hundred day moving average is $478.14. The company has a market cap of $429.36 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $405.54 and a 12-month high of $527.16.

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.