First Financial Bankshares Inc Reduces Stock Holdings in iShares Core S&P 500 ETF $IVV

First Financial Bankshares Inc reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,455 shares of the company’s stock after selling 651 shares during the period. First Financial Bankshares Inc’s holdings in iShares Core S&P 500 ETF were worth $3,627,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Windsor Advisory Group LLC increased its stake in iShares Core S&P 500 ETF by 100.0% in the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after purchasing an additional 25 shares during the last quarter. Lord & Richards Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the first quarter worth approximately $31,000. Marquette Asset Management LLC grew its position in shares of iShares Core S&P 500 ETF by 51.9% during the first quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock worth $44,000 after acquiring an additional 27 shares during the last quarter. Putney Financial Group LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $47,000. Finally, Cheviot Value Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the first quarter worth approximately $52,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.6%

Shares of IVV opened at $648.32 on Monday. The firm has a market cap of $653.05 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s 50 day simple moving average is $633.34 and its 200-day simple moving average is $594.08. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $652.69.

About iShares Core S&P 500 ETF

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.