Institute for Wealth Management LLC. lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 26.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,610 shares of the company’s stock after selling 919 shares during the quarter. Institute for Wealth Management LLC.’s holdings in iShares Core S&P 500 ETF were worth $1,621,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flaharty Asset Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter worth approximately $28,000. Lord & Richards Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter valued at approximately $31,000. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter valued at approximately $52,000. Inlight Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter valued at approximately $60,000. Finally, Wealth Preservation Advisors LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter valued at approximately $76,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.1%
IVV stock opened at $672.50 on Friday. The stock has a market capitalization of $677.41 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $673.81. The stock’s 50 day simple moving average is $650.60 and its 200 day simple moving average is $606.01.
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.
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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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