iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Palisades Hudson Asset Management L.P.

Palisades Hudson Asset Management L.P. reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,224 shares of the company’s stock after selling 286 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 5.7% of Palisades Hudson Asset Management L.P.’s investment portfolio, making the stock its 5th biggest holding. Palisades Hudson Asset Management L.P.’s holdings in iShares Core S&P 500 ETF were worth $13,396,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IVV. Cohen Capital Management Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 1.6% during the 3rd quarter. Cohen Capital Management Inc. now owns 3,841 shares of the company’s stock worth $2,216,000 after acquiring an additional 60 shares during the period. CORDA Investment Management LLC. bought a new position in iShares Core S&P 500 ETF during the third quarter worth $1,100,000. Vestor Capital LLC increased its holdings in shares of iShares Core S&P 500 ETF by 1.2% in the third quarter. Vestor Capital LLC now owns 47,460 shares of the company’s stock valued at $27,376,000 after purchasing an additional 556 shares during the last quarter. Old North State Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 9.2% in the third quarter. Old North State Wealth Management LLC now owns 402 shares of the company’s stock valued at $233,000 after purchasing an additional 34 shares during the period. Finally, Roman Butler Fullerton & Co. lifted its stake in shares of iShares Core S&P 500 ETF by 3.3% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 4,054 shares of the company’s stock worth $2,361,000 after buying an additional 129 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

IVV traded down $0.10 on Monday, reaching $573.62. The company had a trading volume of 278,666 shares, compared to its average volume of 5,079,972. The stock has a market cap of $494.98 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $435.37 and a fifty-two week high of $588.93. The company’s fifty day moving average is $571.70 and its 200 day moving average is $550.10.

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.