Blue Trust Inc. Cuts Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Blue Trust Inc. lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 111,922 shares of the company’s stock after selling 15,552 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 0.8% of Blue Trust Inc.’s investment portfolio, making the stock its 24th biggest position. Blue Trust Inc.’s holdings in iShares Core S&P 500 ETF were worth $64,559,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Cathy Pareto & Associates Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $497,000. Kingswood Wealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 9.9% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 24,559 shares of the company’s stock worth $14,458,000 after buying an additional 2,208 shares in the last quarter. Register Financial Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 3.6% during the fourth quarter. Register Financial Advisors LLC now owns 1,277 shares of the company’s stock worth $752,000 after buying an additional 44 shares in the last quarter. PFG Investments LLC grew its holdings in shares of iShares Core S&P 500 ETF by 285.7% during the fourth quarter. PFG Investments LLC now owns 9,986 shares of the company’s stock worth $5,878,000 after buying an additional 7,397 shares in the last quarter. Finally, Strategic Investment Advisors MI grew its holdings in shares of iShares Core S&P 500 ETF by 37.7% during the fourth quarter. Strategic Investment Advisors MI now owns 2,742 shares of the company’s stock worth $1,614,000 after buying an additional 751 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.8 %

iShares Core S&P 500 ETF stock opened at $607.49 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $485.19 and a 52-week high of $613.79. The firm has a market capitalization of $524.20 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company has a fifty day simple moving average of $599.56 and a 200-day simple moving average of $578.27.

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.