Cahill Financial Advisors Inc. Sells 761 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cahill Financial Advisors Inc. trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.4% during the 2nd quarter, Holdings Channel reports. The fund owned 5,399 shares of the company’s stock after selling 761 shares during the period. Cahill Financial Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,954,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Proffitt & Goodson Inc. lifted its position in iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the last quarter. Global Trust Asset Management LLC raised its position in shares of iShares Core S&P 500 ETF by 5.3% during the 2nd quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after buying an additional 19 shares in the last quarter. Unionview LLC raised its position in shares of iShares Core S&P 500 ETF by 0.6% during the 1st quarter. Unionview LLC now owns 3,293 shares of the company’s stock valued at $1,731,000 after buying an additional 20 shares in the last quarter. Independence Bank of Kentucky grew its position in iShares Core S&P 500 ETF by 0.9% in the first quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock worth $1,122,000 after acquiring an additional 20 shares in the last quarter. Finally, MTM Investment Management LLC increased its stake in iShares Core S&P 500 ETF by 6.9% during the second quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock worth $169,000 after acquiring an additional 20 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $543.37 on Monday. The company has a market cap of $468.87 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24. The stock’s 50 day simple moving average is $552.50 and its two-hundred day simple moving average is $533.72.

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.