Accredited Investors Inc. Sells 62,870 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Accredited Investors Inc. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 48.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,169 shares of the company’s stock after selling 62,870 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.0% of Accredited Investors Inc.’s investment portfolio, making the stock its 18th largest holding. Accredited Investors Inc.’s holdings in iShares Core S&P 500 ETF were worth $38,744,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $36,000. Kennebec Savings Bank bought a new position in iShares Core S&P 500 ETF in the third quarter valued at approximately $40,000. Covestor Ltd boosted its holdings in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the period. Christopher J. Hasenberg Inc increased its position in shares of iShares Core S&P 500 ETF by 65.6% during the third quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock worth $58,000 after acquiring an additional 40 shares in the last quarter. Finally, Proffitt & Goodson Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after acquiring an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Down 0.2 %

IVV traded down $1.50 during trading on Tuesday, hitting $600.09. The company had a trading volume of 2,598,351 shares, compared to its average volume of 5,065,768. The company has a market capitalization of $517.82 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $440.41 and a one year high of $603.09. The firm’s 50-day moving average price is $574.96 and its 200 day moving average price is $553.79.

iShares Core S&P 500 ETF Company 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.