iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Cambridge Trust Co.

Cambridge Trust Co. trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 95,342 shares of the company’s stock after selling 4,006 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.9% of Cambridge Trust Co.’s investment portfolio, making the stock its 11th largest holding. Cambridge Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $45,538,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Studio Investment Management LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $33,000. Horizon Bancorp Inc. IN acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $41,000. Hibernia Wealth Partners LLC acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $54,000. Finally, Financial Freedom LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $52,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV traded down $1.62 on Thursday, hitting $501.42. 2,675,637 shares of the company were exchanged, compared to its average volume of 5,923,012. The company’s 50 day moving average price is $513.62 and its 200-day moving average price is $477.98. The firm has a market capitalization of $429.52 billion, a P/E ratio of 25.43 and a beta of 0.99. 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 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.