Avondale Wealth Management Cuts Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Avondale Wealth Management trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,563 shares of the company’s stock after selling 2,150 shares during the quarter. iShares Core S&P 500 ETF comprises about 21.0% of Avondale Wealth Management’s holdings, making the stock its biggest position. Avondale Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $32,709,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVV. Ironwood Wealth Management LLC. raised its holdings in shares of iShares Core S&P 500 ETF by 0.6% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 103,242 shares of the company’s stock worth $56,497,000 after acquiring an additional 574 shares during the last quarter. Fund Evaluation Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 5.4% in the second quarter. Fund Evaluation Group LLC now owns 1,164,386 shares of the company’s stock worth $637,187,000 after purchasing an additional 59,680 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 187.0% in the second quarter. American Century Companies Inc. now owns 101,628 shares of the company’s stock valued at $55,614,000 after purchasing an additional 66,213 shares in the last quarter. Montis Financial LLC purchased a new position in shares of iShares Core S&P 500 ETF during the second quarter valued at approximately $202,000. Finally, Cibc World Market Inc. boosted its position in shares of iShares Core S&P 500 ETF by 68.2% during the second quarter. Cibc World Market Inc. now owns 278,259 shares of the company’s stock valued at $152,272,000 after buying an additional 112,865 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 1.2 %

NYSEARCA IVV traded down $7.13 on Friday, reaching $585.06. The company had a trading volume of 1,625,257 shares, compared to its average volume of 5,000,823. The company’s fifty day moving average is $597.81 and its 200 day moving average is $574.14. iShares Core S&P 500 ETF has a 52-week low of $472.11 and a 52-week high of $612.09. The stock has a market capitalization of $504.85 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.