Nestegg Advisors Inc. Cuts Stake in iShares Core S&P 500 ETF $IVV

Nestegg Advisors Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 15.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 917 shares of the company’s stock after selling 163 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 0.5% of Nestegg Advisors Inc.’s portfolio, making the stock its 25th biggest position. Nestegg Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $570,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Johnson Bixby & Associates LLC boosted its stake in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock valued at $871,000 after purchasing an additional 16 shares during the period. Activest Wealth Management boosted its stake in shares of iShares Core S&P 500 ETF by 1.5% during the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock valued at $643,000 after purchasing an additional 17 shares during the period. Greenfield Savings Bank boosted its stake in shares of iShares Core S&P 500 ETF by 2.0% during the second quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock valued at $540,000 after purchasing an additional 17 shares during the period. Next Level Private LLC boosted its stake in shares of iShares Core S&P 500 ETF by 1.6% during the second quarter. Next Level Private LLC now owns 1,089 shares of the company’s stock valued at $676,000 after purchasing an additional 17 shares during the period. Finally, Defined Financial Planning LLC boosted its stake in shares of iShares Core S&P 500 ETF by 3.7% during the second quarter. Defined Financial Planning LLC now owns 480 shares of the company’s stock valued at $300,000 after purchasing an additional 17 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $667.69 on Friday. The firm has a market cap of $697.70 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $677.20. The business has a 50 day moving average price of $657.92 and a 200-day moving average price of $614.02.

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.