iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by United Community Bank

United Community Bank trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,744 shares of the company’s stock after selling 435 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 6.4% of United Community Bank’s portfolio, making the stock its 2nd biggest position. United Community Bank’s holdings in iShares Core S&P 500 ETF were worth $16,332,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barings LLC grew its position in iShares Core S&P 500 ETF by 2.4% in the 4th quarter. Barings LLC now owns 1,903,284 shares of the company’s stock valued at $1,120,425,000 after acquiring an additional 44,219 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its position in iShares Core S&P 500 ETF by 4.2% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 64,633 shares of the company’s stock valued at $38,048,000 after acquiring an additional 2,614 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $8,429,000. HM Payson & Co. grew its position in iShares Core S&P 500 ETF by 1.0% in the 4th quarter. HM Payson & Co. now owns 7,431 shares of the company’s stock valued at $4,374,000 after acquiring an additional 72 shares in the last quarter. Finally, Blankinship & Foster LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $813,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $578.51 on Friday. The stock has a 50-day simple moving average of $599.05 and a 200-day simple moving average of $588.94. The stock has a market capitalization of $575.41 billion, a PE ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22.

iShares Core S&P 500 ETF 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.