Cambridge Trust Co. Sells 4,006 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cambridge Trust Co. trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% in the fourth quarter, HoldingsChannel.com reports. 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 comprises about 1.9% of Cambridge Trust Co.’s investment portfolio, making the stock its 11th biggest position. Cambridge Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $45,538,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Studio Investment Management LLC acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth 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. 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. Finally, Hibernia Wealth Partners LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $54,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock traded down $1.62 on Thursday, hitting $501.42. The company had a trading volume of 2,675,637 shares, compared to its average volume of 5,923,012. The firm has a market cap of $429.52 billion, a P/E ratio of 25.43 and a beta of 0.99. The stock’s 50-day moving average is $513.62 and its two-hundred day moving average is $477.98. 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.