Charter Trust Co. Reduces Stake in iShares S&P 500 ETF (NYSEARCA:IVV)

Charter Trust Co. lessened its position in iShares S&P 500 ETF (NYSEARCA:IVV) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 107,583 shares of the company’s stock after selling 4,080 shares during the period. iShares S&P 500 ETF comprises 4.3% of Charter Trust Co.’s portfolio, making the stock its 3rd largest holding. Charter Trust Co.’s holdings in iShares S&P 500 ETF were worth $46,252,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fundamentun LLC lifted its position in iShares S&P 500 ETF by 3.1% during the second quarter. Fundamentun LLC now owns 27,039 shares of the company’s stock valued at $11,625,000 after purchasing an additional 818 shares during the period. Rossmore Private Capital lifted its position in iShares S&P 500 ETF by 1.9% during the first quarter. Rossmore Private Capital now owns 49,899 shares of the company’s stock valued at $19,832,000 after purchasing an additional 919 shares during the period. EQ LLC lifted its position in iShares S&P 500 ETF by 13.3% during the second quarter. EQ LLC now owns 40,752 shares of the company’s stock valued at $17,512,000 after purchasing an additional 4,775 shares during the period. FineMark National Bank & Trust lifted its position in iShares S&P 500 ETF by 3.8% during the first quarter. FineMark National Bank & Trust now owns 114,907 shares of the company’s stock valued at $45,712,000 after purchasing an additional 4,243 shares during the period. Finally, Haverford Trust Co. lifted its position in iShares S&P 500 ETF by 9.8% during the first quarter. Haverford Trust Co. now owns 340,277 shares of the company’s stock valued at $135,369,000 after purchasing an additional 30,359 shares during the period.

iShares S&P 500 ETF stock traded up $2.49 during midday trading on Tuesday, reaching $439.72. 381,735 shares of the company traded hands, compared to its average volume of 4,291,419. The business has a 50 day moving average of $445.01 and a two-hundred day moving average of $425.53. iShares S&P 500 ETF has a 12 month low of $320.92 and a 12 month high of $456.08.

About iShares 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.

See Also: What are the disadvantages of after-hours trading?

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 ETF (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

Receive News & Ratings for iShares S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.