Traynor Capital Management Inc. Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Traynor Capital Management Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,878 shares of the company’s stock after selling 279 shares during the quarter. Traynor Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $3,967,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Proffitt & Goodson Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the period. TruWealth Advisors LLC lifted its position in iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after acquiring an additional 18 shares during the period. Global Trust Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 5.3% during the 2nd quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock worth $207,000 after acquiring an additional 19 shares during the period. Indiana Trust & Investment Management Co grew its stake in iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. Indiana Trust & Investment Management Co now owns 3,524 shares of the company’s stock valued at $2,033,000 after purchasing an additional 19 shares during the last quarter. Finally, MTM Investment Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 6.9% in the second quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock valued at $169,000 after purchasing an additional 20 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.2 %

iShares Core S&P 500 ETF stock opened at $584.56 on Wednesday. iShares Core S&P 500 ETF has a 52 week low of $414.04 and a 52 week high of $588.93. The stock has a 50-day moving average price of $570.92 and a 200 day moving average price of $548.61. The company has a market capitalization of $504.42 billion, a price-to-earnings 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.