Congress Wealth Management LLC DE Trims Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Congress Wealth Management LLC DE lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 40.8% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 19,365 shares of the company’s stock after selling 13,343 shares during the period. Congress Wealth Management LLC DE’s holdings in iShares Core S&P 500 ETF were worth $10,181,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Qube Research & Technologies Ltd bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $4,441,000. Ameriprise Financial Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 8.9% in the third quarter. Ameriprise Financial Inc. now owns 6,478,533 shares of the company’s stock worth $2,783,224,000 after acquiring an additional 532,034 shares during the period. Alerus Financial NA boosted its stake in iShares Core S&P 500 ETF by 3.3% during the third quarter. Alerus Financial NA now owns 4,972 shares of the company’s stock valued at $2,135,000 after buying an additional 161 shares during the last quarter. Laurel Wealth Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 1.7% during the third quarter. Laurel Wealth Advisors LLC now owns 4,671 shares of the company’s stock valued at $2,005,000 after buying an additional 77 shares during the last quarter. Finally, Lakeshore Financial Planning Inc. bought a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $27,343,000.

iShares Core S&P 500 ETF Stock Performance

IVV stock traded up $1.18 during midday trading on Monday, reaching $548.41. 3,906,359 shares of the company traded hands, compared to its average volume of 5,405,140. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $553.25. The business has a 50 day moving average of $529.89 and a 200-day moving average of $510.05. The firm has a market capitalization of $473.22 billion, a price-to-earnings 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.