Pitti Group Wealth Management LLC Sells 396 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pitti Group Wealth Management LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,374 shares of the company’s stock after selling 396 shares during the period. iShares Core S&P 500 ETF accounts for 1.2% of Pitti Group Wealth Management LLC’s portfolio, making the stock its 23rd largest position. Pitti Group Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Principle Wealth Partners LLC raised its stake in iShares Core S&P 500 ETF by 19.5% in the fourth quarter. Principle Wealth Partners LLC now owns 1,344 shares of the company’s stock worth $642,000 after buying an additional 219 shares in the last quarter. Transcend Capital Advisors LLC raised its stake in iShares Core S&P 500 ETF by 5.2% in the fourth quarter. Transcend Capital Advisors LLC now owns 33,196 shares of the company’s stock worth $15,856,000 after buying an additional 1,629 shares in the last quarter. Opinicus Capital Inc. purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $225,000. Matrix Trust Co grew its holdings in iShares Core S&P 500 ETF by 58.9% in the fourth quarter. Matrix Trust Co now owns 750 shares of the company’s stock worth $358,000 after purchasing an additional 278 shares during the period. Finally, Alliance Wealth Advisors LLC UT grew its holdings in iShares Core S&P 500 ETF by 7.0% in the fourth quarter. Alliance Wealth Advisors LLC UT now owns 7,430 shares of the company’s stock worth $3,549,000 after purchasing an additional 485 shares during the period.

iShares Core S&P 500 ETF Trading Up 1.0 %

IVV traded up $4.95 during midday trading on Friday, reaching $510.77. The company’s stock had a trading volume of 4,026,864 shares, compared to its average volume of 5,844,797. The firm has a market capitalization of $437.53 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $405.54 and a 1 year high of $527.16. The stock’s 50-day moving average is $514.07 and its 200-day moving average is $481.66.

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.