Summit Financial Wealth Advisors LLC Sells 1,839 Shares of iShares Core S&P 500 ETF $IVV

Summit Financial Wealth Advisors LLC decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 32.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,852 shares of the company’s stock after selling 1,839 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,639,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $29,000. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $39,000. Dorato Capital Management purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $55,000. Finally, Maryland Capital Advisors Inc. lifted its position in iShares Core S&P 500 ETF by 681.8% during the 4th quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock valued at $59,000 after acquiring an additional 75 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $714.56 on Thursday. iShares Core S&P 500 ETF has a 1 year low of $536.37 and a 1 year high of $715.66. The stock has a market cap of $784.87 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average of $678.26 and a 200 day moving average of $681.99.

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. 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.