D.A. Davidson & CO. Reduces Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

D.A. Davidson & CO. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,376 shares of the company’s stock after selling 10,591 shares during the quarter. iShares Core S&P 500 ETF makes up 0.8% of D.A. Davidson & CO.’s investment portfolio, making the stock its 20th largest position. D.A. Davidson & CO.’s holdings in iShares Core S&P 500 ETF were worth $101,737,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Balboa Wealth Partners raised its position 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 valued at $745,000 after acquiring an additional 17 shares in the last quarter. Proffitt & Goodson Inc. increased its stake in iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the last quarter. TruWealth Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 2.0% during the third 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 raised its holdings in shares of iShares Core S&P 500 ETF by 2.9% during the third 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. Finally, Hassell Wealth Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 2.6% in the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after buying an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.3 %

Shares of NYSEARCA:IVV opened at $600.35 on Tuesday. The company has a market cap of $518.04 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $455.41 and a fifty-two week high of $603.77. The firm has a 50-day simple moving average of $582.99 and a 200 day simple moving average of $559.60.

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.