Community Trust & Investment Co. Has $1.68 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Community Trust & Investment Co. reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 64.9% in the 1st quarter, Holdings Channel reports. The firm owned 2,992 shares of the company’s stock after selling 5,524 shares during the period. Community Trust & Investment Co.’s holdings in iShares Core S&P 500 ETF were worth $1,681,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 553,404.4% during the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after buying an additional 8,533,496 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 40,255.6% during the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after buying an additional 8,108,677 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 142.1% during the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after buying an additional 6,813,214 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $3,488,275,000. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $2,428,403,000.

iShares Core S&P 500 ETF Trading Up 0.7%

IVV opened at $603.76 on Tuesday. The stock has a market cap of $592.80 billion, a PE ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $616.22. The stock’s 50 day simple moving average is $572.03 and its 200-day simple moving average is $582.95.

iShares Core S&P 500 ETF 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.