Intrust Bank NA Reduces Position in iShares Core S&P 500 ETF $IVV

Intrust Bank NA lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 76.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 598 shares of the company’s stock after selling 1,900 shares during the quarter. Intrust Bank NA’s holdings in iShares Core S&P 500 ETF were worth $410,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IVV. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $29,000. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $39,000. Dorato Capital Management purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. Finally, EQ Wealth Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.2%

Shares of IVV stock opened at $746.18 on Friday. The business’s 50 day moving average is $696.02 and its two-hundred day moving average is $689.85. iShares Core S&P 500 ETF has a twelve month low of $578.31 and a twelve month high of $753.02. The company has a market capitalization of $823.97 billion, a P/E 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.