Davis Capital Management Has $496,000 Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Davis Capital Management lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 842 shares of the company’s stock after selling 52 shares during the quarter. Davis Capital Management’s holdings in iShares Core S&P 500 ETF were worth $496,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Modus Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $33,000. Cedar Wealth Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares in the last quarter. Finally, Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth $40,000.

iShares Core S&P 500 ETF Trading Up 0.6 %

iShares Core S&P 500 ETF stock opened at $612.70 on Friday. The stock has a 50-day moving average price of $598.56 and a two-hundred day moving average price of $577.13. iShares Core S&P 500 ETF has a 12 month low of $485.19 and a 12 month high of $612.70. The company has a market capitalization of $528.70 billion, a PE ratio of 25.23 and a beta of 0.99.

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.