Axxcess Wealth Management LLC Cuts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Axxcess Wealth Management LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,042 shares of the company’s stock after selling 6,636 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $15,920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Arvest Bank Trust Division bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $102,003,000. United Bank boosted its position in shares of iShares Core S&P 500 ETF by 22.2% during the 3rd quarter. United Bank now owns 1,079 shares of the company’s stock valued at $622,000 after acquiring an additional 196 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF by 9.7% during the 3rd quarter. Natixis Advisors LLC now owns 34,775 shares of the company’s stock valued at $20,059,000 after acquiring an additional 3,089 shares during the last quarter. TrinityPoint Wealth LLC boosted its position in shares of iShares Core S&P 500 ETF by 6.6% during the 3rd quarter. TrinityPoint Wealth LLC now owns 2,385 shares of the company’s stock valued at $1,376,000 after acquiring an additional 148 shares during the last quarter. Finally, Theory Financial LLC boosted its position in shares of iShares Core S&P 500 ETF by 10.5% during the 3rd quarter. Theory Financial LLC now owns 3,365 shares of the company’s stock valued at $1,922,000 after acquiring an additional 320 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $569.61 on Tuesday. The company has a market capitalization of $548.53 billion, a P/E ratio of 24.98 and a beta of 1.01. The stock has a 50 day moving average price of $595.53 and a 200-day moving average price of $589.10. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22.

iShares Core S&P 500 ETF Company 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.