Wescott Financial Advisory Group LLC Sells 3,041 Shares of iShares Core S&P 500 ETF $IVV

Wescott Financial Advisory Group LLC cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% during the 1st quarter, Holdings Channel reports. The firm owned 66,067 shares of the company’s stock after selling 3,041 shares during the period. iShares Core S&P 500 ETF comprises 3.8% of Wescott Financial Advisory Group LLC’s investment portfolio, making the stock its 6th largest position. Wescott Financial Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $37,123,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. 1832 Asset Management L.P. increased its position in shares of iShares Core S&P 500 ETF by 33.5% during the 1st quarter. 1832 Asset Management L.P. now owns 164,849 shares of the company’s stock valued at $92,629,000 after purchasing an additional 41,333 shares during the period. Monetary Management Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 22.1% in the 1st quarter. Monetary Management Group Inc. now owns 2,900 shares of the company’s stock worth $1,630,000 after acquiring an additional 525 shares during the last quarter. Compound Planning Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 15.5% in the 1st quarter. Compound Planning Inc. now owns 111,795 shares of the company’s stock worth $62,817,000 after acquiring an additional 15,042 shares during the last quarter. Bragg Financial Advisors Inc grew its holdings in shares of iShares Core S&P 500 ETF by 42.3% in the 1st quarter. Bragg Financial Advisors Inc now owns 3,429 shares of the company’s stock worth $1,927,000 after acquiring an additional 1,019 shares during the last quarter. Finally, Norinchukin Bank The grew its holdings in shares of iShares Core S&P 500 ETF by 10.5% in the 1st quarter. Norinchukin Bank The now owns 448,980 shares of the company’s stock worth $252,282,000 after acquiring an additional 42,500 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.4%

Shares of IVV opened at $638.70 on Friday. The firm has a market capitalization of $643.36 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $649.31. The stock’s 50-day moving average price is $627.41 and its 200 day moving average price is $592.56.

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.