iShares Core S&P 500 ETF $IVV Stake Reduced by Clearstead Trust LLC

Clearstead Trust LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 21.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,244 shares of the company’s stock after selling 3,258 shares during the period. iShares Core S&P 500 ETF makes up about 1.3% of Clearstead Trust LLC’s holdings, making the stock its 14th largest holding. Clearstead Trust LLC’s holdings in iShares Core S&P 500 ETF were worth $8,386,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth $29,000. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth $39,000. Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $55,000. Finally, EQ Wealth Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $749.14 on Monday. iShares Core S&P 500 ETF has a 1 year low of $578.31 and a 1 year high of $753.02. The stock has a market cap of $827.24 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a fifty day moving average of $697.42 and a 200-day moving average of $690.29.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.