iShares Core S&P 500 ETF $IVV Stock Holdings Boosted by Brown Wealth Management LLC

Brown Wealth Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 48,919 shares of the company’s stock after purchasing an additional 4,667 shares during the period. iShares Core S&P 500 ETF makes up approximately 9.4% of Brown Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Brown Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $30,374,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Flaharty Asset Management LLC purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter worth about $28,000. Nvwm LLC boosted its position in iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares during the period. Cheviot Value Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $52,000. Hager Investment Management Services LLC bought a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $61,000. Finally, Rice Partnership LLC lifted its stake in shares of iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.8%

IVV opened at $663.45 on Wednesday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The company has a market cap of $696.29 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average of $672.17 and a 200 day moving average of $637.38.

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.