Cornerstone Partners Capital Management LLC Sells 893 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cornerstone Partners Capital Management LLC lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,704 shares of the company’s stock after selling 893 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 11.0% of Cornerstone Partners Capital Management LLC’s holdings, making the stock its 5th largest position. Cornerstone Partners Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $5,124,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth $33,000. Finally, Cedar Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.4 %

IVV stock opened at $609.40 on Friday. The company has a 50-day simple moving average of $600.55 and a 200 day simple moving average of $580.34. The company has a market capitalization of $525.85 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $493.07 and a fifty-two week high of $613.79.

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.