King Luther Capital Management Corp Sells 4,734 Shares of iShares Core S&P 500 ETF $IVV

King Luther Capital Management Corp reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 22.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,957 shares of the company’s stock after selling 4,734 shares during the period. King Luther Capital Management Corp’s holdings in iShares Core S&P 500 ETF were worth $10,930,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Expressive Wealth LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $228,000. TrustBank bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $1,254,000. Roundview Capital LLC increased its position in shares of iShares Core S&P 500 ETF by 2.7% during the fourth quarter. Roundview Capital LLC now owns 17,386 shares of the company’s stock valued at $11,909,000 after purchasing an additional 465 shares during the period. King Wealth Management Group increased its position in shares of iShares Core S&P 500 ETF by 1.3% during the fourth quarter. King Wealth Management Group now owns 170,844 shares of the company’s stock valued at $117,018,000 after purchasing an additional 2,270 shares during the period. Finally, Flputnam Investment Management Co. increased its position in shares of iShares Core S&P 500 ETF by 2.2% during the fourth quarter. Flputnam Investment Management Co. now owns 1,235,021 shares of the company’s stock valued at $845,915,000 after purchasing an additional 26,033 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.0%

IVV opened at $754.17 on Thursday. The stock has a market cap of $832.79 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $586.05 and a 1 year high of $755.68. The stock’s 50 day simple moving average is $702.44 and its 200-day simple moving average is $691.87.

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.