Gerber Kawasaki Wealth & Investment Management Sells 1,259 Shares of iShares Core S&P 500 ETF $IVV

Gerber Kawasaki Wealth & Investment Management lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.2% in the 3rd quarter, Holdings Channel reports. The fund owned 38,051 shares of the ETF’s stock after selling 1,259 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares Core S&P 500 ETF were worth $29,142,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Next Level Wealth Planning LLC increased its stake in shares of iShares Core S&P 500 ETF by 1.2% in the 3rd quarter. Next Level Wealth Planning LLC now owns 2,434 shares of the ETF’s stock worth $1,864,000 after acquiring an additional 28 shares during the last quarter. Frederick Financial Consultants LLC raised its holdings in shares of iShares Core S&P 500 ETF by 7.5% during the 3rd quarter. Frederick Financial Consultants LLC now owns 2,730 shares of the ETF’s stock worth $2,091,000 after acquiring an additional 191 shares during the period. Signature Equity Partners LLC raised its holdings in shares of iShares Core S&P 500 ETF by 132.2% during the 3rd quarter. Signature Equity Partners LLC now owns 7,858 shares of the ETF’s stock worth $6,018,000 after acquiring an additional 4,474 shares during the period. XML Financial LLC boosted its position in shares of iShares Core S&P 500 ETF by 4.1% during the 3rd quarter. XML Financial LLC now owns 38,984 shares of the ETF’s stock valued at $29,856,000 after acquiring an additional 1,539 shares during the last quarter. Finally, Summit Wealth Group LLC Co. boosted its position in shares of iShares Core S&P 500 ETF by 275.3% during the 3rd quarter. Summit Wealth Group LLC Co. now owns 34,843 shares of the ETF’s stock valued at $26,685,000 after acquiring an additional 25,560 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.3%

Shares of IVV stock opened at $757.88 on Wednesday. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03. The company’s 50-day moving average price is $770.40 and its 200-day moving average price is $732.42. The stock has a market cap of $868.80 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.