Essex LLC Sells 356 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Essex LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,387 shares of the company’s stock after selling 356 shares during the quarter. Essex LLC’s holdings in iShares Core S&P 500 ETF were worth $2,306,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Eukles Asset Management grew 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 purchasing an additional 33 shares during the last quarter. Burkett Financial Services LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at about $31,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $37,000. Ables Iannone Moore & Associates Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $44,000. Finally, Evolution Advisers Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $48,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV traded down $4.79 during trading on Thursday, hitting $559.46. The company’s stock had a trading volume of 2,850,831 shares, compared to its average volume of 5,272,254. The company has a 50-day moving average of $537.76 and a 200-day moving average of $514.34. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $565.36. The firm has a market cap of $482.76 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.