Chesapeake Wealth Management Sells 172 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Chesapeake Wealth Management trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,209 shares of the company’s stock after selling 172 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.9% of Chesapeake Wealth Management’s holdings, making the stock its 13th biggest position. Chesapeake Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $5,421,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Balboa Wealth Partners boosted its stake in shares of iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after acquiring an additional 17 shares during the period. TruWealth Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock valued at $534,000 after purchasing an additional 18 shares during the last quarter. Lewis Asset Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 2.9% in the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after purchasing an additional 18 shares during the last quarter. Hassell Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after purchasing an additional 18 shares during the period. Finally, Sandbox Financial Partners LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after buying an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $609.30 on Thursday. The firm’s 50-day simple moving average is $598.38 and its 200 day simple moving average is $576.90. The firm has a market cap of $525.76 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $485.19 and a 52 week high of $612.09.

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.