Verus Financial Partners Inc. Reduces Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Verus Financial Partners Inc. lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 49,931 shares of the company’s stock after selling 5,600 shares during the quarter. iShares Core S&P 500 ETF makes up about 3.0% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 11th largest holding. Verus Financial Partners Inc.’s holdings in iShares Core S&P 500 ETF were worth $24,457,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IVV. Eukles Asset Management increased its position 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 buying an additional 33 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth $41,000. Evolution Advisers Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $48,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter valued at $62,000. Finally, Your Advocates Ltd. LLP lifted its position in iShares Core S&P 500 ETF by 280.5% during the third quarter. Your Advocates Ltd. LLP now owns 156 shares of the company’s stock valued at $67,000 after purchasing an additional 115 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.3 %

NYSEARCA IVV traded up $1.40 on Thursday, hitting $521.21. 936,421 shares of the company traded hands, compared to its average volume of 5,660,013. The business’s 50 day moving average price is $514.90 and its 200-day moving average price is $485.85. iShares Core S&P 500 ETF has a 52-week low of $410.67 and a 52-week high of $527.16. The company has a market capitalization of $449.75 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.