Quadrant Private Wealth Management LLC Sells 1,115 Shares of iShares Core S&P 500 ETF $IVV

Quadrant Private Wealth Management LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 8,229 shares of the company’s stock after selling 1,115 shares during the quarter. iShares Core S&P 500 ETF comprises 1.1% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 24th largest holding. Quadrant Private Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $5,109,000 as of its most recent SEC filing.

Other institutional investors and hedge funds 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 $28,000. Lord & Richards Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $31,000. Nvwm LLC increased its position in shares of iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after buying an additional 40 shares during the period. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter worth about $52,000. Finally, Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF in the second quarter worth about $61,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $674.34 on Friday. The company has a 50-day simple moving average of $668.29 and a two-hundred day simple moving average of $630.11. The firm has a market capitalization of $707.72 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $693.07.

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.