Birmingham Capital Management Co. Inc. AL Sells 75 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Birmingham Capital Management Co. Inc. AL lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 6,753 shares of the company’s stock after selling 75 shares during the period. iShares Core S&P 500 ETF makes up 1.4% of Birmingham Capital Management Co. Inc. AL’s holdings, making the stock its 26th largest holding. Birmingham Capital Management Co. Inc. AL’s holdings in iShares Core S&P 500 ETF were worth $3,695,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVV. Proffitt & Goodson Inc. grew its stake in shares of iShares Core S&P 500 ETF by 21.2% during the 2nd 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 period. Global Trust Asset Management LLC grew its position in iShares Core S&P 500 ETF by 5.3% during the second quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after buying an additional 19 shares during the period. Independence Bank of Kentucky increased its holdings in iShares Core S&P 500 ETF by 0.9% during the first quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock valued at $1,122,000 after buying an additional 20 shares during the last quarter. Unionview LLC increased its holdings in iShares Core S&P 500 ETF by 0.6% during the first quarter. Unionview LLC now owns 3,293 shares of the company’s stock valued at $1,731,000 after buying an additional 20 shares during the last quarter. Finally, MTM Investment Management LLC raised its position in iShares Core S&P 500 ETF by 6.9% in the second quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock worth $169,000 after acquiring an additional 20 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $571.43 on Wednesday. The company has a market cap of $493.09 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $577.47. The firm has a fifty day moving average price of $555.80 and a 200-day moving average price of $540.24.

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.