iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Reduced by Cutler Investment Counsel LLC

Cutler Investment Counsel LLC trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,810 shares of the company’s stock after selling 1,872 shares during the quarter. Cutler Investment Counsel LLC’s holdings in iShares Core S&P 500 ETF were worth $6,812,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IVV. Balboa Wealth Partners grew its stake in iShares Core S&P 500 ETF by 1.3% during the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock valued at $745,000 after acquiring an additional 17 shares in the last quarter. Proffitt & Goodson Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after purchasing an additional 18 shares during the period. TruWealth Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 2.0% in the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after buying an additional 18 shares in the last quarter. Lewis Asset Management LLC boosted its stake in iShares Core S&P 500 ETF by 2.9% during the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after buying an additional 18 shares during the period. Finally, Hassell Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 2.6% during the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after buying an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

IVV stock traded down $7.57 during mid-day trading on Friday, hitting $588.66. 5,426,600 shares of the stock were exchanged, compared to its average volume of 5,067,706. The stock has a market capitalization of $507.95 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a fifty day moving average price of $578.55 and a 200 day moving average price of $555.55. iShares Core S&P 500 ETF has a 12 month low of $450.19 and a 12 month high of $603.09.

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.