Bank of Nova Scotia Sells 150,848 Shares of iShares S&P 500 ETF (NYSEARCA:IVV)

Bank of Nova Scotia cut its stake in shares of iShares S&P 500 ETF (NYSEARCA:IVV) by 10.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,277,268 shares of the company’s stock after selling 150,848 shares during the period. iShares S&P 500 ETF accounts for approximately 1.0% of Bank of Nova Scotia’s portfolio, making the stock its 17th largest holding. Bank of Nova Scotia owned approximately 0.19% of iShares S&P 500 ETF worth $549,123,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Montreal Can increased its position in shares of iShares S&P 500 ETF by 1,875.1% during the second quarter. Bank of Montreal Can now owns 1,557,005 shares of the company’s stock valued at $668,889,000 after buying an additional 1,478,172 shares during the period. Davis R M Inc. increased its position in shares of iShares S&P 500 ETF by 1.8% in the second quarter. Davis R M Inc. now owns 3,508 shares of the company’s stock worth $1,508,000 after purchasing an additional 61 shares during the last quarter. Baltimore Washington Financial Advisors Inc. increased its position in shares of iShares S&P 500 ETF by 11.2% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 17,439 shares of the company’s stock worth $7,497,000 after purchasing an additional 1,756 shares during the last quarter. Prospera Financial Services Inc increased its position in shares of iShares S&P 500 ETF by 3.3% in the second quarter. Prospera Financial Services Inc now owns 17,923 shares of the company’s stock worth $7,707,000 after purchasing an additional 567 shares during the last quarter. Finally, O Dell Group LLC increased its position in shares of iShares S&P 500 ETF by 20.5% in the second quarter. O Dell Group LLC now owns 2,123 shares of the company’s stock worth $913,000 after purchasing an additional 361 shares during the last quarter.

Shares of IVV stock traded down $1.47 during trading on Monday, hitting $444.27. The company had a trading volume of 51,181 shares, compared to its average volume of 4,301,121. The stock’s 50-day moving average is $445.52 and its two-hundred day moving average is $427.10. iShares S&P 500 ETF has a 52 week low of $322.75 and a 52 week high of $456.08.

iShares 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.

See Also: Stock Symbols and CUSIP Explained

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Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

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