Armbruster Capital Management Inc. Cuts Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Armbruster Capital Management Inc. decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 5.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 19,911 shares of the company’s stock after selling 1,220 shares during the period. iShares Core S&P 500 ETF makes up about 2.4% of Armbruster Capital Management Inc.’s portfolio, making the stock its 13th largest position. Armbruster Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $11,721,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Modus Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Ulland Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter worth $33,000. Cedar Wealth Management LLC boosted its position 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 during the last quarter. Finally, Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF in the third quarter worth $40,000.

iShares Core S&P 500 ETF Trading Up 0.8 %

IVV stock opened at $607.49 on Wednesday. The stock’s fifty day simple moving average is $599.56 and its two-hundred day simple moving average is $578.27. iShares Core S&P 500 ETF has a 1-year low of $485.19 and a 1-year high of $613.79. The stock has a market cap of $524.20 billion, a P/E ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

(Free Report)

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.

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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report).

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

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