Cypress Wealth Services LLC Has $34.32 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cypress Wealth Services LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 65,274 shares of the company’s stock after selling 10,615 shares during the period. iShares Core S&P 500 ETF comprises approximately 8.0% of Cypress Wealth Services LLC’s portfolio, making the stock its biggest holding. Cypress Wealth Services LLC’s holdings in iShares Core S&P 500 ETF were worth $34,317,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Eukles Asset Management increased its position in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after buying an additional 33 shares during the period. Burkett Financial Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $31,000. Thompson Investment Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the first quarter valued at approximately $37,000. Ables Iannone Moore & Associates Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $44,000. Finally, Evolution Advisers Inc. purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $48,000.

iShares Core S&P 500 ETF Stock Up 0.2 %

Shares of IVV stock traded up $0.83 during mid-day trading on Thursday, reaching $549.35. 6,365,838 shares of the company’s stock traded hands, compared to its average volume of 5,412,682. The company’s 50-day moving average price is $527.95 and its 200-day moving average price is $508.62. The company has a market cap of $474.03 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $551.29.

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.