CIBC Private Wealth Group LLC Sells 6,280 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

CIBC Private Wealth Group LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the 4th quarter, Holdings Channel reports. The fund owned 477,366 shares of the company’s stock after selling 6,280 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $282,691,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. SYM FINANCIAL Corp purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Murphy & Mullick Capital Management Corp bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $30,000. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $32,000. Sellwood Investment Partners LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $32,000. Finally, Ulland Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $32,000.

iShares Core S&P 500 ETF Trading Down 2.0 %

NYSEARCA IVV opened at $558.12 on Friday. The stock has a 50-day moving average of $591.49 and a 200-day moving average of $589.71. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22. The firm has a market cap of $537.47 billion, a PE ratio of 24.98 and a beta of 1.01.

About iShares Core 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.