King Luther Capital Management Corp Sells 5,239 Shares of iShares Core S&P 500 ETF $IVV

King Luther Capital Management Corp decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 20.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,691 shares of the company’s stock after selling 5,239 shares during the period. King Luther Capital Management Corp’s holdings in iShares Core S&P 500 ETF were worth $13,848,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IVV. Americana Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 21.8% in the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock valued at $4,441,000 after purchasing an additional 1,187 shares in the last quarter. Forza Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 28.7% in the 3rd quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after buying an additional 1,438 shares during the last quarter. Fonville Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 121.3% during the 3rd quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after acquiring an additional 3,224 shares in the last quarter. Fortitude Family Office LLC lifted its stake in iShares Core S&P 500 ETF by 13.4% during the 3rd quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock valued at $32,950,000 after acquiring an additional 5,800 shares in the last quarter. Finally, Community Trust & Investment Co. boosted its holdings in iShares Core S&P 500 ETF by 29.9% during the 3rd quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock worth $2,887,000 after acquiring an additional 992 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $687.68 on Friday. The company has a fifty day moving average price of $690.33 and a 200-day moving average price of $674.42. The firm has a market cap of $755.90 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97.

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. 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.