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

City National Bank of Florida MSD cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% in the 4th quarter, HoldingsChannel reports. 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 makes up 25.9% of City National Bank of Florida MSD’s investment portfolio, making the stock its largest 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 SEC.

Other institutional investors also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $29,000. GS Investments Inc. grew its stake 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 valued at $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $39,000. Finally, Prosperity Bancshares Inc purchased a new stake in shares of iShares Core S&P 500 ETF during 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 Down 1.2%

Shares of NYSEARCA IVV opened at $742.61 on Thursday. iShares Core S&P 500 ETF has a 52-week low of $594.71 and a 52-week high of $764.00. The firm has a fifty day moving average of $730.83 and a 200-day moving average of $699.87. The stock 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 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.