iShares Core S&P 500 ETF $IVV Stake Trimmed by Smith Moore & CO.

Smith Moore & CO. reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 107,900 shares of the company’s stock after selling 672 shares during the period. iShares Core S&P 500 ETF comprises 5.6% of Smith Moore & CO.’s investment portfolio, making the stock its biggest position. Smith Moore & CO.’s holdings in iShares Core S&P 500 ETF were worth $66,995,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at $28,000. Nvwm LLC lifted its position in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after buying an additional 40 shares during the last quarter. Cheviot Value Management LLC bought a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth $52,000. Hager Investment Management Services LLC bought a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth $61,000. Finally, Rice Partnership LLC increased its holdings 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 acquiring an additional 92 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.6%

NYSEARCA IVV opened at $686.88 on Monday. The company has a market cap of $720.88 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $693.07. The firm’s 50-day simple moving average is $674.04 and its two-hundred day simple moving average is $642.99.

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.