iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Lowered by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,088 shares of the company’s stock after selling 602 shares during the period. iShares Core S&P 500 ETF accounts for 2.0% of Legacy Capital Wealth Partners LLC’s investment portfolio, making the stock its 10th largest holding. Legacy Capital Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $7,206,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IVV. Blue Fin Capital Inc. raised its position in iShares Core S&P 500 ETF by 5.1% during the third quarter. Blue Fin Capital Inc. now owns 2,561 shares of the company’s stock valued at $1,100,000 after purchasing an additional 125 shares during the period. SOL Capital Management CO raised its position in iShares Core S&P 500 ETF by 59.8% during the third quarter. SOL Capital Management CO now owns 15,677 shares of the company’s stock valued at $6,732,000 after purchasing an additional 5,866 shares during the period. WestEnd Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $162,000. Birch Hill Investment Advisors LLC raised its position in iShares Core S&P 500 ETF by 0.6% during the third quarter. Birch Hill Investment Advisors LLC now owns 44,566 shares of the company’s stock valued at $19,138,000 after purchasing an additional 270 shares during the period. Finally, HWG Holdings LP raised its position in iShares Core S&P 500 ETF by 54.1% during the third quarter. HWG Holdings LP now owns 203,142 shares of the company’s stock valued at $87,235,000 after purchasing an additional 71,327 shares during the period.

iShares Core S&P 500 ETF Stock Performance

IVV stock traded up $4.95 during midday trading on Friday, reaching $510.77. 4,026,864 shares of the company traded hands, compared to its average volume of 5,844,797. The firm has a market capitalization of $437.53 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. The business has a 50 day moving average of $514.07 and a 200-day moving average of $481.66. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16.

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.