Connecticut Wealth Management LLC Sells 1,290 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Connecticut Wealth Management LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,721 shares of the company’s stock after selling 1,290 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 0.5% of Connecticut Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Connecticut Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $10,432,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $5,813,061,000. Wealthfront Advisers LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 553,404.4% in the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after acquiring an additional 8,533,496 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 40,255.6% in the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after acquiring an additional 8,108,677 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 142.1% in the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after acquiring an additional 6,813,214 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $3,488,275,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $585.67 on Thursday. The company has a 50 day simple moving average of $556.01 and a 200 day simple moving average of $583.09. The firm has a market cap of $582.30 billion, a PE ratio of 24.62 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $616.22.

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.