Red Mountain Financial LLC Trims Stock Holdings in iShares Core S&P 500 ETF $IVV

Red Mountain Financial LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 386 shares of the company’s stock after selling 19 shares during the period. Red Mountain Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $240,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IVV. Heck Capital Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $331,591,000. Bison Wealth LLC increased its stake in iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after purchasing an additional 1,511 shares during the period. Wealth Group Ltd. increased its stake in iShares Core S&P 500 ETF by 1.2% during the first quarter. Wealth Group Ltd. now owns 197,096 shares of the company’s stock worth $110,748,000 after purchasing an additional 2,271 shares during the period. Intellectus Partners LLC purchased a new stake in iShares Core S&P 500 ETF during the first quarter worth about $260,000. Finally, Pitti Group Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 1.6% during the first quarter. Pitti Group Wealth Management LLC now owns 2,280 shares of the company’s stock worth $1,281,000 after purchasing an additional 35 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $672.42 on Friday. The firm has a market capitalization of $704.39 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50-day moving average is $651.25 and its two-hundred day moving average is $607.04. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $675.93.

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.