Summit Global Investments Sells 234 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Summit Global Investments trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 21.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 874 shares of the company’s stock after selling 234 shares during the quarter. Summit Global Investments’ holdings in iShares Core S&P 500 ETF were worth $478,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IVV. Burkett Financial Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $31,000. Thompson Investment Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth approximately $37,000. Covestor Ltd lifted its position in shares of iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares during the period. Ables Iannone Moore & Associates Inc. acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $44,000. Finally, Evolution Advisers Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $48,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV traded up $2.09 during trading on Wednesday, reaching $563.86. The stock had a trading volume of 1,831,664 shares, compared to its average volume of 5,064,271. The stock has a market capitalization of $486.55 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $568.24. The business’s 50-day moving average price is $549.16 and its 200 day moving average price is $528.27.

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.