Institute for Wealth Management LLC. Decreases Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Institute for Wealth Management LLC. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,572 shares of the company’s stock after selling 460 shares during the quarter. Institute for Wealth Management LLC.’s holdings in iShares Core S&P 500 ETF were worth $2,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Compass Ion Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 27.5% in the 3rd quarter. Compass Ion Advisors LLC now owns 10,567 shares of the company’s stock valued at $6,096,000 after acquiring an additional 2,278 shares during the last quarter. Bluesphere Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 1.8% in the 3rd quarter. Bluesphere Advisors LLC now owns 77,786 shares of the company’s stock valued at $44,869,000 after acquiring an additional 1,405 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in iShares Core S&P 500 ETF by 35.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after acquiring an additional 95,234 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 23.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock valued at $206,135,000 after acquiring an additional 67,472 shares during the last quarter. Finally, Trinity Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 5.0% in the 3rd quarter. Trinity Wealth Management LLC now owns 1,738 shares of the company’s stock valued at $1,003,000 after acquiring an additional 83 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.5 %

IVV stock opened at $604.66 on Monday. The company has a market cap of $521.76 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $485.19 and a 12 month high of $613.79. The firm has a 50-day moving average of $600.42 and a two-hundred day moving average of $579.33.

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.