Sunbelt Securities Inc. Sells 7,248 Shares of iShares Core S&P 500 ETF $IVV

Sunbelt Securities Inc. lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,296 shares of the company’s stock after selling 7,248 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.4% of Sunbelt Securities Inc.’s portfolio, making the stock its 11th largest holding. Sunbelt Securities Inc.’s holdings in iShares Core S&P 500 ETF were worth $19,608,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Heck Capital Advisors LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at about $331,591,000. Bison Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after acquiring an additional 45 shares during the last quarter. Citigroup Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 37.5% during the 2nd quarter. Citigroup Inc. now owns 177,264 shares of the company’s stock valued at $110,063,000 after acquiring an additional 48,347 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in shares of iShares Core S&P 500 ETF by 290.5% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 54,745 shares of the company’s stock valued at $33,991,000 after acquiring an additional 40,725 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $671.99 on Wednesday. The firm has a market cap of $738.65 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average price of $688.78 and a 200 day moving average price of $679.83. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97.

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. 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.