Magnolia Private Wealth LLC Cuts Stock Position in iShares Core S&P 500 ETF $IVV

Magnolia Private Wealth LLC decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,830 shares of the company’s stock after selling 730 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.6% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 16th largest position. Magnolia Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $2,563,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Nvwm LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares during the period. Winnow Wealth LLC bought a new position in iShares Core S&P 500 ETF during the third quarter valued at $61,000. Conquis Financial LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at $82,000. Your Advocates Ltd. LLP raised its stake in shares of iShares Core S&P 500 ETF by 51.6% in the second quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock valued at $86,000 after acquiring an additional 47 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter worth about $92,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.3%

Shares of NYSEARCA:IVV opened at $695.15 on Wednesday. The company has a market capitalization of $764.11 billion, a price-to-earnings 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 $700.97. The firm’s 50-day moving average is $690.52 and its 200 day moving average is $672.39.

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. 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.