Arbor Trust Wealth Advisors LLC Cuts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Arbor Trust Wealth Advisors LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,291 shares of the company’s stock after selling 195 shares during the period. iShares Core S&P 500 ETF accounts for about 1.5% of Arbor Trust Wealth Advisors LLC’s holdings, making the stock its 24th largest holding. Arbor Trust Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $3,114,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IVV. International Assets Investment Management LLC raised its position in iShares Core S&P 500 ETF by 67,668.9% in the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after purchasing an additional 10,232,214 shares during the period. Marshall Wace LLP raised its position in iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after purchasing an additional 5,774,400 shares during the period. Squarepoint Ops LLC raised its position in iShares Core S&P 500 ETF by 125.6% in the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after purchasing an additional 2,450,000 shares during the period. JPMorgan Chase & Co. raised its position in iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the period. Finally, Millennium Management LLC raised its position in iShares Core S&P 500 ETF by 54.8% in the second quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock valued at $3,290,590,000 after purchasing an additional 2,129,220 shares during the period.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $600.26 on Tuesday. The business’s 50-day moving average is $598.29 and its two-hundred day moving average is $576.24. iShares Core S&P 500 ETF has a 12 month low of $474.68 and a 12 month high of $612.09. The firm has a market capitalization of $517.96 billion, a PE 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.