Cornell Pochily Investment Advisors Inc. Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cornell Pochily Investment Advisors Inc. trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,584 shares of the company’s stock after selling 108 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.5% of Cornell Pochily Investment Advisors Inc.’s investment portfolio, making the stock its 16th biggest holding. Cornell Pochily Investment Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $3,622,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. TruWealth Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 2.4% in the 4th quarter. TruWealth Advisors LLC now owns 907 shares of the company’s stock worth $433,000 after purchasing an additional 21 shares in the last quarter. UNIVEST FINANCIAL Corp grew its position in iShares Core S&P 500 ETF by 3.7% during the third quarter. UNIVEST FINANCIAL Corp now owns 653 shares of the company’s stock valued at $280,000 after acquiring an additional 23 shares during the last quarter. Clarity Wealth Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 0.9% during the fourth quarter. Clarity Wealth Advisors LLC now owns 2,719 shares of the company’s stock worth $1,299,000 after acquiring an additional 23 shares in the last quarter. Black Diamond Financial LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Black Diamond Financial LLC now owns 5,585 shares of the company’s stock worth $2,398,000 after acquiring an additional 24 shares during the last quarter. Finally, Gallacher Capital Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 0.6% in the 3rd quarter. Gallacher Capital Management LLC now owns 4,005 shares of the company’s stock worth $1,720,000 after acquiring an additional 24 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock traded up $1.63 on Wednesday, hitting $522.81. 2,416,686 shares of the company’s stock traded hands, compared to its average volume of 5,812,408. The stock has a market capitalization of $404.47 billion, a price-to-earnings ratio of 18.43 and a beta of 1.00. The company’s fifty day simple moving average is $503.52 and its 200 day simple moving average is $468.96. iShares Core S&P 500 ETF has a one year low of $395.40 and a one year high of $526.66.

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.