Dechtman Wealth Management LLC Cuts Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Dechtman Wealth Management LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 192,613 shares of the company’s stock after selling 1,283 shares during the quarter. iShares Core S&P 500 ETF makes up about 21.9% of Dechtman Wealth Management LLC’s holdings, making the stock its biggest holding. Dechtman Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $113,387,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Arvest Bank Trust Division bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth about $102,003,000. United Bank lifted its stake in iShares Core S&P 500 ETF by 22.2% in the third quarter. United Bank now owns 1,079 shares of the company’s stock worth $622,000 after acquiring an additional 196 shares during the period. Loomis Sayles & Co. L P bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at $63,000. Patton Albertson Miller Group LLC increased its position in iShares Core S&P 500 ETF by 1.9% during the 3rd quarter. Patton Albertson Miller Group LLC now owns 18,553 shares of the company’s stock valued at $10,702,000 after purchasing an additional 338 shares during the period. Finally, Summit Financial Wealth Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 1.6% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 5,193 shares of the company’s stock worth $2,995,000 after purchasing an additional 82 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $577.96 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The company’s 50-day moving average is $593.32 and its 200 day moving average is $589.66. The stock has a market capitalization of $556.58 billion, a P/E ratio of 24.98 and a beta of 1.01.

iShares Core S&P 500 ETF Company 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.