Verus Financial Partners Inc. Trims Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Verus Financial Partners Inc. trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 2.0% in the 4th quarter, HoldingsChannel reports. The fund owned 48,066 shares of the company’s stock after selling 979 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 3.1% of Verus Financial Partners Inc.’s holdings, making the stock its 11th biggest holding. Verus Financial Partners Inc.’s holdings in iShares Core S&P 500 ETF were worth $28,038,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Chicago Partners Investment Group LLC increased its position in shares of iShares Core S&P 500 ETF by 2.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 56,927 shares of the company’s stock worth $33,711,000 after purchasing an additional 1,231 shares during the last quarter. New Millennium Group LLC boosted its position in shares of iShares Core S&P 500 ETF by 12.2% during the 4th quarter. New Millennium Group LLC now owns 10,738 shares of the company’s stock worth $6,321,000 after purchasing an additional 1,165 shares during the period. N.E.W. Advisory Services LLC raised its position in iShares Core S&P 500 ETF by 1.9% in the fourth quarter. N.E.W. Advisory Services LLC now owns 1,236 shares of the company’s stock valued at $728,000 after purchasing an additional 23 shares during the period. Stephenson & Company Inc. boosted its position in shares of iShares Core S&P 500 ETF by 3.4% during the fourth quarter. Stephenson & Company Inc. now owns 34,166 shares of the company’s stock worth $20,113,000 after buying an additional 1,112 shares during the period. Finally, Heck Capital Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $331,591,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $604.66 on Monday. The business has a 50-day moving average of $600.42 and a 200 day moving average of $579.33. iShares Core S&P 500 ETF has a 12 month low of $485.19 and a 12 month high of $613.79. The stock has a market capitalization of $521.76 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

(Free Report)

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.

Read More

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report).

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.