Wedmont Private Capital Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wedmont Private Capital trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% in the second quarter, Holdings Channel reports. The institutional investor owned 13,093 shares of the company’s stock after selling 37 shares during the period. Wedmont Private Capital’s holdings in iShares Core S&P 500 ETF were worth $7,372,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eukles Asset Management increased its stake in iShares Core S&P 500 ETF by 126.9% in the fourth 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 acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $31,000. Thompson Investment Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth approximately $37,000. Covestor Ltd raised its holdings in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $44,000.

iShares Core S&P 500 ETF Trading Up 1.5 %

NYSEARCA:IVV traded up $8.08 on Tuesday, hitting $544.19. 1,799,733 shares of the stock were exchanged, compared to its average volume of 5,104,189. The stock has a fifty day moving average of $546.94 and a 200-day moving average of $525.59. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $568.24. The stock has a market cap of $469.58 billion, a PE 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.