Valmark Advisers Inc. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,939 shares of the company’s stock after selling 490 shares during the period. Valmark Advisers Inc.’s holdings in iShares Core S&P 500 ETF were worth $37,216,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of IVV. Flaharty Asset Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth $28,000. Lord & Richards Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth $31,000. Cheviot Value Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth $52,000. Inlight Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth $60,000. Finally, Wealth Preservation Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the 1st quarter worth $76,000. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Down 2.7%
Shares of IVV stock opened at $656.20 on Friday. The firm has a market capitalization of $684.19 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $677.20. The stock’s fifty day simple moving average is $654.83 and its 200 day simple moving average is $610.21.
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.
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