Topel & Distasi Wealth Management LLC Trims Stake in iShares Core S&P 500 ETF $IVV

Topel & Distasi Wealth Management LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 26.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,579 shares of the company’s stock after selling 1,312 shares during the period. iShares Core S&P 500 ETF makes up 1.2% of Topel & Distasi Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Topel & Distasi Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,395,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVV. Constant Guidance Financial LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at about $349,000. Washington Trust Advisors Inc. increased its position in shares of iShares Core S&P 500 ETF by 1.6% during the third quarter. Washington Trust Advisors Inc. now owns 2,251 shares of the company’s stock valued at $1,507,000 after acquiring an additional 36 shares during the last quarter. Geometric Wealth Advisors raised its stake in shares of iShares Core S&P 500 ETF by 8.8% in the 3rd quarter. Geometric Wealth Advisors now owns 2,692 shares of the company’s stock valued at $1,802,000 after acquiring an additional 218 shares during the period. Kovitz Investment Group Partners LLC raised its stake in shares of iShares Core S&P 500 ETF by 19.9% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 572,969 shares of the company’s stock valued at $383,484,000 after acquiring an additional 95,158 shares during the period. Finally, Alteri Wealth LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 1.0% in the 3rd quarter. Alteri Wealth LLC now owns 4,538 shares of the company’s stock worth $3,037,000 after acquiring an additional 44 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $692.50 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The company has a 50 day moving average price of $690.48 and a 200 day moving average price of $675.40. The stock has a market capitalization of $761.20 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.