Mengis Capital Management Inc. Sells 21 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Mengis Capital Management Inc. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,758 shares of the company’s stock after selling 21 shares during the quarter. Mengis Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,801,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Coyle Financial Counsel LLC raised its position in iShares Core S&P 500 ETF by 13.2% in the 4th quarter. Coyle Financial Counsel LLC now owns 85,862 shares of the company’s stock valued at $50,545,000 after buying an additional 10,009 shares during the last quarter. Addison Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 68.5% in the 4th quarter. Addison Advisors LLC now owns 2,108 shares of the company’s stock worth $1,241,000 after purchasing an additional 857 shares during the period. Tenret Co LLC grew its position in shares of iShares Core S&P 500 ETF by 4.9% during the 4th quarter. Tenret Co LLC now owns 1,371 shares of the company’s stock valued at $807,000 after purchasing an additional 64 shares in the last quarter. Prasad Wealth Partners LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $9,814,000. Finally, BankPlus Trust Department bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $76,104,000.

iShares Core S&P 500 ETF Trading Down 0.5 %

Shares of NYSEARCA:IVV opened at $600.00 on Tuesday. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The stock’s 50-day moving average price is $600.94 and its 200-day moving average price is $586.86. The stock has a market capitalization of $517.74 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.