Sanibel Captiva Trust Company Inc. Sells 75 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sanibel Captiva Trust Company Inc. reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,417 shares of the company’s stock after selling 75 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,417,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in iShares Core S&P 500 ETF by 3.4% in the fourth 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 period. JPMorgan Chase & Co. grew its stake in iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after acquiring an additional 7,615,287 shares during the period. Creative Planning grew its stake in iShares Core S&P 500 ETF by 0.7% in the fourth 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 period. First Command Advisory Services Inc. grew its stake in iShares Core S&P 500 ETF by 0.6% in the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after acquiring an additional 50,070 shares during the period. Finally, Royal Bank of Canada grew its stake in iShares Core S&P 500 ETF by 3.2% in the fourth quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock valued at $3,556,487,000 after acquiring an additional 228,840 shares during the period.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock traded down $0.84 during mid-day trading on Tuesday, reaching $561.77. The stock had a trading volume of 2,873,042 shares, compared to its average volume of 5,084,464. 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’s 50-day simple moving average is $548.68 and its 200-day simple moving average is $527.81. The firm has a market capitalization of $484.75 billion, a PE ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF 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.