Cutler Investment Counsel LLC Increases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cutler Investment Counsel LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 28.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 14,907 shares of the company’s stock after buying an additional 3,281 shares during the period. Cutler Investment Counsel LLC’s holdings in iShares Core S&P 500 ETF were worth $7,120,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Eukles Asset Management increased its position in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after buying an additional 33 shares during the period. Andrew Hill Investment Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $687,000. Financial Symmetry Inc purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $537,000. Forte Asset Management LLC grew its holdings in iShares Core S&P 500 ETF by 349.4% in the fourth quarter. Forte Asset Management LLC now owns 10,135 shares of the company’s stock worth $4,841,000 after purchasing an additional 7,880 shares during the period. Finally, HTLF Bank purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $4,923,000.

iShares Core S&P 500 ETF Trading Down 0.6 %

IVV traded down $2.92 during midday trading on Friday, reaching $498.96. The company’s stock had a trading volume of 2,835,018 shares, compared to its average volume of 5,908,227. The firm has a market capitalization of $427.41 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $405.54 and a 1 year high of $527.16. The stock’s 50-day moving average is $513.64 and its 200-day moving average is $478.14.

iShares Core S&P 500 ETF Company 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.