iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Pitti Group Wealth Management LLC

Pitti Group Wealth Management LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.4% in the fourth quarter, HoldingsChannel reports. The firm owned 2,245 shares of the company’s stock after selling 129 shares during the period. iShares Core S&P 500 ETF accounts for about 1.3% of Pitti Group Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. Pitti Group Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,322,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IVV. Parallel Advisors LLC boosted its position in iShares Core S&P 500 ETF by 4.0% in the 4th quarter. Parallel Advisors LLC now owns 682,336 shares of the company’s stock worth $401,678,000 after purchasing an additional 26,132 shares in the last quarter. SouthState Corp lifted its stake in shares of iShares Core S&P 500 ETF by 30.6% in the 4th quarter. SouthState Corp now owns 61,331 shares of the company’s stock valued at $36,104,000 after purchasing an additional 14,384 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in iShares Core S&P 500 ETF by 6.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 4,288 shares of the company’s stock worth $2,524,000 after buying an additional 242 shares in the last quarter. Yardley Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 189.1% during the fourth quarter. Yardley Wealth Management LLC now owns 1,382 shares of the company’s stock valued at $808,000 after buying an additional 904 shares during the period. Finally, Rockport Wealth LLC increased its stake in shares of iShares Core S&P 500 ETF by 9.7% in the 4th quarter. Rockport Wealth LLC now owns 1,031 shares of the company’s stock valued at $607,000 after purchasing an additional 91 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 2.1 %

IVV stock opened at $565.56 on Monday. The stock has a market cap of $544.63 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The business’s 50-day moving average is $596.10 and its 200 day moving average is $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.