Kerntke Otto McGlone Wealth Management Group Cuts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Kerntke Otto McGlone Wealth Management Group decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 734 shares of the company’s stock after selling 162 shares during the period. Kerntke Otto McGlone Wealth Management Group’s holdings in iShares Core S&P 500 ETF were worth $351,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Connecticut Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Connecticut Wealth Management LLC now owns 20,186 shares of the company’s stock valued at $9,642,000 after acquiring an additional 68 shares in the last quarter. Avidian Wealth Solutions LLC lifted its holdings in iShares Core S&P 500 ETF by 12.0% during the fourth quarter. Avidian Wealth Solutions LLC now owns 485,989 shares of the company’s stock worth $232,123,000 after acquiring an additional 52,167 shares during the period. National Bank of Canada FI boosted its position in iShares Core S&P 500 ETF by 1.6% in the fourth quarter. National Bank of Canada FI now owns 45,765 shares of the company’s stock worth $21,706,000 after purchasing an additional 700 shares during the last quarter. TCG Advisory Services LLC grew its stake in iShares Core S&P 500 ETF by 84.2% in the 4th quarter. TCG Advisory Services LLC now owns 2,824 shares of the company’s stock valued at $1,349,000 after purchasing an additional 1,291 shares during the period. Finally, Vestmark Advisory Solutions Inc. grew its stake in iShares Core S&P 500 ETF by 185.0% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 18,750 shares of the company’s stock valued at $8,956,000 after purchasing an additional 12,171 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV traded up $6.38 during mid-day trading on Friday, reaching $513.84. 3,003,970 shares of the company’s stock were exchanged, compared to its average volume of 5,734,856. The firm has a 50-day moving average price of $514.48 and a two-hundred day moving average price of $483.84. The firm has a market capitalization of $443.39 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $405.54 and a 52 week high of $527.16.

iShares Core S&P 500 ETF 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.