Patriot Investment Management Group Inc. Trims Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Patriot Investment Management Group Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.4% during the 4th quarter, Holdings Channel reports. The fund owned 19,917 shares of the company’s stock after selling 1,144 shares during the quarter. iShares Core S&P 500 ETF comprises 0.9% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 19th largest holding. Patriot Investment Management Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $11,725,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IVV. Modus Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $32,000. Ulland Investment Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter worth approximately $33,000. Cedar Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the last quarter. Finally, Kennebec Savings Bank purchased a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $40,000.

iShares Core S&P 500 ETF Trading Down 0.3 %

Shares of NYSEARCA IVV opened at $610.89 on Friday. The stock has a market cap of $527.14 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock has a 50 day moving average of $599.34 and a two-hundred day moving average of $577.74. iShares Core S&P 500 ETF has a twelve month low of $485.19 and a twelve month high of $613.79.

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.