Litman Gregory Wealth Management LLC Has $106.52 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Litman Gregory Wealth Management LLC cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 223,016 shares of the company’s stock after selling 2,881 shares during the period. iShares Core S&P 500 ETF makes up 10.1% of Litman Gregory Wealth Management LLC’s portfolio, making the stock its biggest holding. Litman Gregory Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $106,519,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of IVV. Eukles Asset Management increased its stake in shares of iShares Core S&P 500 ETF by 126.9% in the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after buying an additional 33 shares during the period. Studio Investment Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $33,000. Horizon Bancorp Inc. IN acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $41,000. Finally, Financial Freedom LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $52,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock traded down $4.33 on Friday, hitting $497.55. The company had a trading volume of 6,354,318 shares, compared to its average volume of 5,957,840. The firm has a market cap of $426.20 billion, a P/E ratio of 25.43 and a beta of 0.99. The stock’s 50-day moving average is $513.52 and its two-hundred day moving average is $478.62. iShares Core S&P 500 ETF has a twelve month low of $405.54 and a twelve month high of $527.16.

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.