Castle Wealth Management LLC Reduces Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Castle Wealth Management LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,420 shares of the company’s stock after selling 558 shares during the period. iShares Core S&P 500 ETF comprises about 1.6% of Castle Wealth Management LLC’s holdings, making the stock its 24th largest position. Castle Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,589,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 117,228.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 195,582,257 shares of the company’s stock worth $75,144,659,000 after acquiring an additional 195,415,560 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in iShares Core S&P 500 ETF by 42,439.0% in the 4th quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock valued at $4,121,085,000 after purchasing an additional 8,607,912 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Core S&P 500 ETF by 86.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after purchasing an additional 8,316,251 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth about $2,335,886,000. Finally, Morgan Stanley lifted its stake in shares of iShares Core S&P 500 ETF by 42.9% during the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after buying an additional 5,277,616 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV stock traded down $4.35 during midday trading on Friday, hitting $497.53. The stock had a trading volume of 6,355,493 shares, compared to its average volume of 5,957,840. iShares Core S&P 500 ETF has a 12-month low of $405.54 and a 12-month high of $527.16. The company’s 50-day moving average price is $513.52 and its 200 day moving average price is $478.62. The firm has a market cap of $426.18 billion, a PE ratio of 25.43 and a beta of 0.99.

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.