Lake Street Advisors Group LLC Trims Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Lake Street Advisors Group LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.9% in the 4th quarter, Holdings Channel reports. The firm owned 23,734 shares of the company’s stock after selling 1,767 shares during the quarter. iShares Core S&P 500 ETF accounts for 0.6% of Lake Street Advisors Group LLC’s holdings, making the stock its 28th biggest holding. Lake Street Advisors Group LLC’s holdings in iShares Core S&P 500 ETF were worth $13,972,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IVV. Johnson Financial Group LLC increased its stake in iShares Core S&P 500 ETF by 27.4% in the 4th quarter. Johnson Financial Group LLC now owns 1,968 shares of the company’s stock worth $1,159,000 after buying an additional 423 shares during the period. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $56,000. Daner Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $5,193,000. FFT Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 3.6% during the fourth quarter. FFT Wealth Management LLC now owns 105,573 shares of the company’s stock valued at $62,149,000 after acquiring an additional 3,652 shares in the last quarter. Finally, Canton Hathaway LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 14.8% in the fourth quarter. Canton Hathaway LLC now owns 520 shares of the company’s stock valued at $306,000 after purchasing an additional 67 shares during the period.

iShares Core S&P 500 ETF Trading Down 0.5 %

Shares of IVV stock opened at $597.08 on Wednesday. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The stock has a fifty day simple moving average of $600.78 and a two-hundred day simple moving average of $587.29. The stock has a market capitalization of $593.89 billion, a price-to-earnings ratio of 26.66 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.