Capital Group Private Client Services Inc. Sells 3,028 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Capital Group Private Client Services Inc. reduced its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 33.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,938 shares of the company’s stock after selling 3,028 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $3,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Apollon Wealth Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 16.0% during the 4th quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock worth $44,289,000 after acquiring an additional 12,771 shares during the period. Arvest Investments Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $21,775,000. Commerce Bank boosted its stake in shares of iShares Core S&P 500 ETF by 1.0% during the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock worth $109,452,000 after acquiring an additional 2,285 shares during the period. Family Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 0.9% during the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock worth $1,452,000 after purchasing an additional 27 shares during the last quarter. Finally, SageView Advisory Group LLC lifted its holdings in iShares Core S&P 500 ETF by 22.2% during the 4th quarter. SageView Advisory Group LLC now owns 39,174 shares of the company’s stock worth $19,325,000 after purchasing an additional 7,123 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV traded up $5.85 during mid-day trading on Friday, hitting $547.19. 3,520,432 shares of the stock were exchanged, compared to its average volume of 5,125,375. The stock has a market capitalization of $472.17 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm’s 50-day simple moving average is $545.72 and its 200 day simple moving average is $520.78. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $568.24.

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.