Fortune Financial Advisors LLC Has $337,000 Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fortune Financial Advisors LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 37.9% in the second quarter, HoldingsChannel.com reports. The firm owned 616 shares of the company’s stock after selling 376 shares during the period. Fortune Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Proffitt & Goodson Inc. increased its stake in iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares in the last quarter. Global Trust Asset Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 5.3% in the 2nd quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock worth $207,000 after acquiring an additional 19 shares in the last quarter. Unionview LLC grew its stake in shares of iShares Core S&P 500 ETF by 0.6% in the 1st quarter. Unionview LLC now owns 3,293 shares of the company’s stock worth $1,731,000 after acquiring an additional 20 shares in the last quarter. Independence Bank of Kentucky boosted its holdings in shares of iShares Core S&P 500 ETF by 0.9% in the 1st quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock worth $1,122,000 after buying an additional 20 shares during the last quarter. Finally, MTM Investment Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 6.9% in the 2nd quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock worth $169,000 after buying an additional 20 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $557.35 on Thursday. The company’s 50-day moving average is $552.57 and its 200 day moving average is $534.45. The company has a market capitalization of $480.94 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $568.24.

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.