Cohen Capital Management Inc. Sells 1,258 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cohen Capital Management Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 25.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,775 shares of the company’s stock after selling 1,258 shares during the period. Cohen Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,985,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Independence Bank of Kentucky raised its holdings in iShares Core S&P 500 ETF by 0.9% in the 1st quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock worth $1,122,000 after acquiring an additional 20 shares during the last quarter. Unionview LLC raised its holdings in iShares Core S&P 500 ETF by 0.6% in the 1st quarter. Unionview LLC now owns 3,293 shares of the company’s stock worth $1,731,000 after acquiring an additional 20 shares during the last quarter. TruWealth Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 2.4% in the 4th quarter. TruWealth Advisors LLC now owns 907 shares of the company’s stock worth $433,000 after acquiring an additional 21 shares during the last quarter. Great Waters Wealth Management raised its holdings in iShares Core S&P 500 ETF by 1.7% in the 4th quarter. Great Waters Wealth Management now owns 1,326 shares of the company’s stock worth $625,000 after acquiring an additional 22 shares during the last quarter. Finally, TriaGen Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 3.6% in the 4th quarter. TriaGen Wealth Management LLC now owns 629 shares of the company’s stock worth $300,000 after acquiring an additional 22 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 0.8 %

IVV traded down $4.77 during mid-day trading on Thursday, reaching $559.48. 2,863,387 shares of the company traded hands, compared to its average volume of 5,272,347. The stock has a market capitalization of $482.78 billion, a P/E ratio of 25.23 and a beta of 0.99. The company’s fifty day moving average price is $538.80 and its 200-day moving average price is $514.66. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $565.36.

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.