CNB Bank Decreases Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

CNB Bank trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,597 shares of the company’s stock after selling 169 shares during the quarter. iShares Core S&P 500 ETF makes up 0.9% of CNB Bank’s holdings, making the stock its 28th biggest holding. CNB Bank’s holdings in iShares Core S&P 500 ETF were worth $1,718,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Eukles Asset Management grew its holdings in iShares Core S&P 500 ETF by 126.9% during the 4th quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. Studio Investment Management LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $33,000. Horizon Bancorp Inc. IN bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $40,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $41,000. Finally, Financial Freedom LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $52,000.

iShares Core S&P 500 ETF Price Performance

IVV stock traded down $4.35 during mid-day trading on Friday, reaching $497.53. The company had a trading volume of 6,355,493 shares, compared to its average volume of 5,957,840. The company has a market capitalization of $426.18 billion, a PE ratio of 25.43 and a beta of 0.99. The firm has a 50 day moving average of $513.52 and a 200 day moving average of $478.62. iShares Core S&P 500 ETF has a 12 month low of $405.54 and a 12 month high of $527.16.

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.