Signaturefd LLC Sells Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

On October 23, 2024, it was reported that Signaturefd LLC has slightly decreased its investment in the iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the third quarter of the year. Following this reduction, Signaturefd LLC now holds a total of 52,234 shares in the ETF after selling 107 shares within this period. This ETF constitutes around 0.6% of Signaturefd LLC’s overall portfolio and is noted as the firm's 27th largest asset. At the end of the most recent quarter, the value of Signaturefd LLC's holdings in this ETF was approximately $30,130,000.

In addition to Signaturefd LLC, several other institutional investors have either increased their investments or made changes to their stakes in the iShares Core S&P 500 ETF. For example, Harbor Advisory Corp MA raised its stake by 2.2% in the same quarter, now owning 17,454 shares valued at $10,068,000 after acquiring 379 additional shares. Moreover, Sky Investment Group LLC entered the market by obtaining a new stake in the ETF, worth around $1,131,000.

Traphagen Investment Advisors LLC also increased its position by 1.8%, now holding 402,355 shares, which are valued at $232,086,000 after adding 6,995 shares. RFP Financial Group LLC boosted its holdings by 2.4%, acquiring an additional 846 shares for a total of 36,144 shares valued at $20,848,000. Lastly, Fortis Group Advisors LLC raised its position by 2.0%, resulting in a total of 4,950 shares worth $2,855,000 after purchasing 96 more shares in this quarter.

iShares Core S&P 500 ETF Performance Insights

As of the latest trading session, shares of the iShares Core S&P 500 ETF opened at $586.12. This ETF has a market capitalization of $505.76 billion, a price-to-earnings (PE) ratio of 25.23, and a beta value of 0.99. Over the past year, the price of this ETF has fluctuated, recording a low of $411.02 and a high of $588.93. Its fifty-day moving average stands at $568.35, while the two-hundred day moving average is at $546.36.

Overview of iShares Core S&P 500 ETF

The iShares Core S&P 500 ETF is an exchange-traded fund (ETF) that aims to mirror the price and yield performance of the Standard & Poor’s 500 Index. This index gauges the performance of large-cap companies within the United States equity market, providing a representation of the overall health of the market.

iShares, ETF, Investment