Glassman Wealth Services Sells 33 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Glassman Wealth Services lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,262 shares of the company’s stock after selling 33 shares during the period. iShares Core S&P 500 ETF comprises 1.0% of Glassman Wealth Services’ holdings, making the stock its 12th largest position. Glassman Wealth Services’ holdings in iShares Core S&P 500 ETF were worth $4,870,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Eukles Asset Management increased its position in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after acquiring an additional 33 shares in the last quarter. Burkett Financial Services LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth $31,000. Thompson Investment Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the first quarter worth about $37,000. Ables Iannone Moore & Associates Inc. acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $44,000. Finally, Evolution Advisers Inc. acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $48,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV traded down $4.66 during trading hours on Thursday, reaching $559.59. 1,669,376 shares of the stock were exchanged, compared to its average volume of 5,263,304. The stock has a market cap of $482.87 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $565.36. The firm has a 50 day moving average of $537.76 and a 200 day moving average of $514.34.

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.