iShares Core S&P 500 ETF $IVV Shares Sold by Montgomery Investment Management Inc.

Montgomery Investment Management Inc. lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.4% during the 1st quarter, Holdings Channel reports. The firm owned 4,394 shares of the company’s stock after selling 990 shares during the quarter. iShares Core S&P 500 ETF comprises 1.0% of Montgomery Investment Management Inc.’s portfolio, making the stock its 25th largest holding. Montgomery Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,870,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Legacy Private Trust Co. lifted its position in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after purchasing an additional 3,711 shares during the period. Hubbell Strickland Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after buying an additional 792 shares during the period. Belpointe Asset Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 4.5% in the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after buying an additional 1,700 shares during the last quarter. Atria Investments Inc grew its holdings in iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after acquiring an additional 30,777 shares during the period. Finally, M&T Bank Corp raised its position in iShares Core S&P 500 ETF by 0.8% during the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after acquiring an additional 10,723 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 1.9%

Shares of NYSEARCA:IVV opened at $744.19 on Tuesday. iShares Core S&P 500 ETF has a 12-month low of $617.99 and a 12-month high of $764.00. The company has a market capitalization of $821.77 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average of $739.44 and a two-hundred day moving average of $702.97.

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.