Cranbrook Wealth Management LLC Sells 674 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cranbrook Wealth Management LLC decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,633 shares of the company’s stock after selling 674 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 10.9% of Cranbrook Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Cranbrook Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $46,879,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Marshall Wace LLP lifted its stake in iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after buying an additional 5,774,400 shares during the period. Creative Planning increased its stake in shares of iShares Core S&P 500 ETF by 1.2% in the 3rd quarter. Creative Planning now owns 21,368,471 shares of the company’s stock valued at $12,325,761,000 after acquiring an additional 257,499 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after acquiring an additional 2,187,803 shares during the period. International Assets Investment Management LLC boosted its stake in iShares Core S&P 500 ETF by 67,668.9% during the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after acquiring an additional 10,232,214 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in iShares Core S&P 500 ETF by 0.8% during the second quarter. Ameriprise Financial Inc. now owns 7,017,271 shares of the company’s stock valued at $3,840,931,000 after purchasing an additional 54,693 shares during the period.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $600.26 on Friday. The firm’s fifty day moving average is $598.29 and its two-hundred day moving average is $575.92. The firm has a market cap of $517.96 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a twelve month low of $474.68 and a twelve month high of $612.09.

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.