Summit Wealth Partners LLC Sells 3,563 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Summit Wealth Partners LLC cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 20.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,954 shares of the company’s stock after selling 3,563 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.7% of Summit Wealth Partners LLC’s investment portfolio, making the stock its 19th largest holding. Summit Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $8,214,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Balboa Wealth Partners grew its stake in shares of iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after purchasing an additional 17 shares during the period. TruWealth Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares during the period. Lewis Asset Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after purchasing an additional 18 shares during the period. Hassell Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 2.6% during the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after purchasing an additional 18 shares during the period. Finally, Sandbox Financial Partners LLC grew its stake in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after purchasing an additional 18 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $603.80 on Friday. The stock has a market capitalization of $521.02 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $493.07 and a 12 month high of $613.79. The firm’s 50 day simple moving average is $600.71 and its 200-day simple moving average is $580.54.

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.