4,785 iShares Core S&P 500 ETF $IVV Shares Sold by Trek Financial LLC

Trek Financial LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.5% during the third quarter, Holdings Channel reports. The institutional investor owned 68,642 shares of the ETF’s stock after selling 4,785 shares during the period. iShares Core S&P 500 ETF comprises 2.4% of Trek Financial LLC’s holdings, making the stock its 3rd biggest position. Trek Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $52,570,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IVV. Citrine Capital LLC raised its stake in iShares Core S&P 500 ETF by 2.8% during the 3rd quarter. Citrine Capital LLC now owns 474 shares of the ETF’s stock worth $363,000 after acquiring an additional 13 shares during the period. Punch & Associates Investment Management Inc. lifted its holdings in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Hidden Cove Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 3.5% during the second quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after purchasing an additional 14 shares in the last quarter. IFC & Insurance Marketing Inc. lifted its holdings in iShares Core S&P 500 ETF by 3.9% during the third quarter. IFC & Insurance Marketing Inc. now owns 371 shares of the ETF’s stock valued at $284,000 after purchasing an additional 14 shares in the last quarter. Finally, Rainey & Randall Wealth Advisors Inc. boosted its position in shares of iShares Core S&P 500 ETF by 3.0% in the third quarter. Rainey & Randall Wealth Advisors Inc. now owns 481 shares of the ETF’s stock worth $368,000 after purchasing an additional 14 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV opened at $755.36 on Tuesday. The company has a 50 day simple moving average of $770.58 and a two-hundred day simple moving average of $732.10. The firm has a market cap of $866.10 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.