Summit Global Investments Lowers Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Summit Global Investments lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 73.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 749 shares of the company’s stock after selling 2,114 shares during the quarter. Summit Global Investments’ holdings in iShares Core S&P 500 ETF were worth $441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Strategent Financial LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $416,000. ORG Partners LLC increased its stake in iShares Core S&P 500 ETF by 9.0% during the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after purchasing an additional 2,289 shares in the last quarter. Meadow Creek Wealth Advisors LLC increased its stake in iShares Core S&P 500 ETF by 5.7% during the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock valued at $11,668,000 after purchasing an additional 1,070 shares in the last quarter. Parkworth Wealth Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $59,000. Finally, BCGM Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 0.8% during the fourth quarter. BCGM Wealth Management LLC now owns 28,248 shares of the company’s stock worth $16,629,000 after buying an additional 219 shares during the period.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $576.72 on Tuesday. The company has a market cap of $555.38 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. The stock’s fifty day moving average price is $593.46 and its 200 day moving average price is $589.41. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22.

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.