Arvest Bank Trust Division Cuts Holdings in iShares Core S&P 500 ETF $IVV

Arvest Bank Trust Division reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 151,493 shares of the company’s stock after selling 4,039 shares during the period. iShares Core S&P 500 ETF accounts for about 5.6% of Arvest Bank Trust Division’s portfolio, making the stock its 3rd biggest position. Arvest Bank Trust Division’s holdings in iShares Core S&P 500 ETF were worth $103,764,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $29,000. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the third quarter worth about $39,000. Dorato Capital Management bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $55,000. Finally, EQ Wealth Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.7%

Shares of iShares Core S&P 500 ETF stock opened at $754.03 on Wednesday. The company’s 50-day moving average price is $700.80 and its two-hundred day moving average price is $691.30. iShares Core S&P 500 ETF has a 52 week low of $586.05 and a 52 week high of $755.68. The stock has a market cap of $832.64 billion, a PE ratio of 25.10 and a beta of 1.00.

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. 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.