iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Lowered by Mendota Financial Group LLC

Mendota Financial Group LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,783 shares of the company’s stock after selling 2,671 shares during the period. iShares Core S&P 500 ETF comprises approximately 6.4% of Mendota Financial Group LLC’s portfolio, making the stock its 7th biggest holding. Mendota Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $9,880,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of IVV. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $32,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $33,000. Cedar Wealth Management LLC boosted its holdings in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares in the last quarter. Kennebec Savings Bank acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $40,000. Finally, Brooklyn Investment Group bought a new position in iShares Core S&P 500 ETF during the third quarter valued at about $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $584.99 on Wednesday. The stock has a market capitalization of $504.79 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a 50-day moving average of $598.35 and a two-hundred day moving average of $575.28. iShares Core S&P 500 ETF has a fifty-two week low of $472.11 and a fifty-two week high of $612.09.

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.