iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the first quarter, HoldingsChannel.com reports. The firm owned 4,839 shares of the company’s stock after selling 30 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 0.7% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 24th biggest holding. Paulson Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,544,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock valued at $16,112,762,000 after acquiring an additional 1,118,746 shares during the last quarter. Creative Planning lifted its position in shares of iShares Core S&P 500 ETF by 0.7% during the 4th quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after acquiring an additional 146,157 shares during the last quarter. First Command Advisory Services Inc. raised its stake in iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after purchasing an additional 50,070 shares during the period. International Assets Investment Management LLC raised its stake in iShares Core S&P 500 ETF by 42,439.0% during the 4th quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock valued at $4,121,085,000 after purchasing an additional 8,607,912 shares during the period. Finally, Royal Bank of Canada raised its stake in iShares Core S&P 500 ETF by 3.2% during the 4th quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock valued at $3,556,487,000 after purchasing an additional 228,840 shares during the period.

iShares Core S&P 500 ETF Trading Down 0.9 %

NYSEARCA:IVV traded down $4.85 during trading hours on Thursday, hitting $559.40. 1,991,010 shares of the stock traded hands, compared to its average volume of 5,265,740. The firm has a 50 day moving average price of $537.76 and a 200 day moving average price of $514.34. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $565.36. The firm has a market cap of $482.71 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.