Castle Wealth Management LLC Has $2.59 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Castle Wealth Management LLC lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,420 shares of the company’s stock after selling 558 shares during the quarter. iShares Core S&P 500 ETF makes up 1.6% of Castle Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. Castle Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,589,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eukles Asset Management grew its holdings in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after buying an additional 33 shares in the last quarter. Studio Investment Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $33,000. Horizon Bancorp Inc. IN acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth approximately $40,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $41,000. Finally, Financial Freedom LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $52,000.

iShares Core S&P 500 ETF Trading Down 0.9 %

IVV stock traded down $4.35 during midday trading on Friday, reaching $497.53. The company had a trading volume of 6,355,493 shares, compared to its average volume of 5,957,840. The company has a 50 day moving average of $513.52 and a two-hundred day moving average of $478.62. The company has a market capitalization of $426.18 billion, a P/E ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $405.54 and a 1 year high of $527.16.

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.