Sunburst Financial Group LLC Sells 39 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sunburst Financial Group LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 15,654 shares of the company’s stock after selling 39 shares during the period. iShares Core S&P 500 ETF makes up 2.4% of Sunburst Financial Group LLC’s investment portfolio, making the stock its 11th biggest holding. Sunburst Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $6,977,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Kozak & Associates Inc. boosted its holdings in iShares Core S&P 500 ETF by 7,000.0% during the second quarter. Kozak & Associates Inc. now owns 71 shares of the company’s stock worth $32,000 after purchasing an additional 70 shares during the last quarter. Studio Investment Management LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $33,000. ZRC Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth about $43,000. Financial Freedom LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $52,000. Finally, Laffer Tengler Investments acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $55,000.

iShares Core S&P 500 ETF Stock Performance

IVV traded up $1.62 on Monday, hitting $448.67. 1,029,539 shares of the company were exchanged, compared to its average volume of 4,005,406. The stock’s fifty day moving average is $450.02 and its 200-day moving average is $428.77. The company has a market cap of $347.11 billion, a PE ratio of 18.43 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $349.53 and a 12 month high of $461.88.

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.