Blue Trust Inc. Cuts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Blue Trust Inc. cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.4% during the third quarter, Holdings Channel reports. The institutional investor owned 127,474 shares of the company’s stock after selling 19,695 shares during the quarter. iShares Core S&P 500 ETF comprises 0.9% of Blue Trust Inc.’s investment portfolio, making the stock its 25th biggest holding. Blue Trust Inc.’s holdings in iShares Core S&P 500 ETF were worth $69,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Fisher Asset Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 11.1% during the 4th quarter. Fisher Asset Management LLC now owns 7,993 shares of the company’s stock worth $3,818,000 after purchasing an additional 801 shares in the last quarter. Meyer Handelman Co. acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter valued at $1,812,000. Hummer Financial Advisory Services Inc lifted its stake in shares of iShares Core S&P 500 ETF by 4.7% during the first quarter. Hummer Financial Advisory Services Inc now owns 1,685 shares of the company’s stock worth $886,000 after purchasing an additional 75 shares in the last quarter. Hyperion Partners LLC boosted its holdings in iShares Core S&P 500 ETF by 8.6% in the 1st quarter. Hyperion Partners LLC now owns 2,380 shares of the company’s stock worth $1,251,000 after acquiring an additional 188 shares during the period. Finally, MJP Associates Inc. ADV grew its holdings in iShares Core S&P 500 ETF by 3.5% during the 1st quarter. MJP Associates Inc. ADV now owns 2,534 shares of the company’s stock valued at $1,332,000 after purchasing an additional 85 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $587.39 on Friday. The company has a market capitalization of $506.86 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock has a 50-day moving average price of $566.53 and a 200 day moving average price of $545.08. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $588.93.

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.