Pitti Group Wealth Management LLC Sells 129 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pitti Group Wealth Management LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,245 shares of the company’s stock after selling 129 shares during the period. iShares Core S&P 500 ETF comprises 1.3% of Pitti Group Wealth Management LLC’s investment portfolio, making the stock its 22nd largest position. Pitti Group Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in IVV. JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P 500 ETF by 11.7% during the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after purchasing an additional 338,269 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after buying an additional 183,962 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares Core S&P 500 ETF by 4.1% in the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after buying an additional 476,796 shares during the last quarter. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth $5,813,061,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $565.56 on Monday. The firm has a market capitalization of $544.63 billion, a PE ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22. The stock has a fifty day simple moving average of $596.10 and a two-hundred day simple moving average of $589.04.

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.