iShares Core S&P 500 ETF $IVV is Elyxium Wealth LLC’s 2nd Largest Position

Elyxium Wealth LLC trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 22,061 shares of the company’s stock after selling 3,471 shares during the quarter. iShares Core S&P 500 ETF makes up about 5.1% of Elyxium Wealth LLC’s holdings, making the stock its 2nd largest holding. Elyxium Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $13,698,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC bought a new position in 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 worth approximately $31,000. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter worth approximately $52,000. Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $61,000. Finally, Rice Partnership LLC boosted its stake in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $686.69 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $693.07. The company has a market capitalization of $720.37 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $666.11 and a two-hundred day simple moving average of $627.28.

iShares Core S&P 500 ETF Company 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.