iShares Core S&P 500 ETF $IVV Shares Sold by City National Bank of Florida MSD

City National Bank of Florida MSD reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,932 shares of the company’s stock after selling 1,673 shares during the period. iShares Core S&P 500 ETF accounts for about 25.9% of City National Bank of Florida MSD’s holdings, making the stock its biggest position. City National Bank of Florida MSD’s holdings in iShares Core S&P 500 ETF were worth $39,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. GS Investments Inc. raised its position in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $39,000. Finally, Prosperity Bancshares Inc acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $44,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $742.61 on Thursday. The stock has a fifty day moving average of $730.83 and a two-hundred day moving average of $699.87. The company has a market capitalization of $820.03 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.