Dogwood Wealth Management LLC Reduces Stake in iShares Core S&P 500 ETF $IVV

Dogwood Wealth Management LLC lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 8,773 shares of the company’s stock after selling 988 shares during the period. iShares Core S&P 500 ETF accounts for approximately 2.7% of Dogwood Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Dogwood Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $5,468,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Flaharty Asset Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $28,000. Lord & Richards Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $31,000. Cheviot Value Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $52,000. Inlight Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $60,000. Finally, Wealth Preservation Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $76,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.0%

IVV opened at $672.42 on Friday. The stock has a market cap of $704.39 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average of $651.25 and a 200-day moving average of $606.77. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $675.93.

iShares Core S&P 500 ETF Company 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.