iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Lessened by First Western Trust Bank

First Western Trust Bank lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,585 shares of the company’s stock after selling 934 shares during the period. First Western Trust Bank’s holdings in iShares Core S&P 500 ETF were worth $3,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Proffitt & Goodson Inc. increased its stake in shares of iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the last quarter. Global Trust Asset Management LLC increased its stake in iShares Core S&P 500 ETF by 5.3% during the second quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after purchasing an additional 19 shares during the last quarter. Unionview LLC increased its stake in iShares Core S&P 500 ETF by 0.6% during the first quarter. Unionview LLC now owns 3,293 shares of the company’s stock valued at $1,731,000 after purchasing an additional 20 shares during the last quarter. Independence Bank of Kentucky increased its stake in iShares Core S&P 500 ETF by 0.9% during the first quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock valued at $1,122,000 after purchasing an additional 20 shares during the last quarter. Finally, MTM Investment Management LLC increased its stake in iShares Core S&P 500 ETF by 6.9% during the second quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock valued at $169,000 after purchasing an additional 20 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $552.52 on Friday. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $568.24. The firm has a fifty day moving average price of $552.58 and a two-hundred day moving average price of $532.95. The firm has a market cap of $476.77 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.