iShares Core S&P 500 ETF $IVV Stock: WealthSpring Partners LLC Trims Stake

WealthSpring Partners LLC trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 30.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 8,565 shares of the ETF’s stock after selling 3,783 shares during the quarter. iShares Core S&P 500 ETF accounts for about 7.2% of WealthSpring Partners LLC’s investment portfolio, making the stock its 2nd largest holding. WealthSpring Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $6,559,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Sanders Morris Harris LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $2,599,000. N10 Wealth LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $1,233,000. Aspen Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 6.6% in the third quarter. Aspen Wealth Management LLC now owns 1,838 shares of the ETF’s stock worth $1,407,000 after purchasing an additional 114 shares during the period. MinichMacGregor Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 0.3% in the third quarter. MinichMacGregor Wealth Management LLC now owns 18,550 shares of the ETF’s stock worth $14,207,000 after purchasing an additional 50 shares during the period. Finally, Focus Financial Network Inc. increased its stake in iShares Core S&P 500 ETF by 1.6% in the third quarter. Focus Financial Network Inc. now owns 125,423 shares of the ETF’s stock worth $96,055,000 after purchasing an additional 1,931 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 1.1%

NYSEARCA:IVV opened at $773.09 on Thursday. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03. The company has a market cap of $886.35 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a fifty day simple moving average of $771.99 and a 200-day simple moving average of $745.95.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.