Balentine LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 0.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 122,339 shares of the company’s stock after selling 253 shares during the quarter. iShares Core S&P 500 ETF comprises about 3.0% of Balentine LLC’s investment portfolio, making the stock its 10th largest position. Balentine LLC’s holdings in iShares Core S&P 500 ETF were worth $75,960,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Flaharty Asset Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter valued at $28,000. Lord & Richards Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter valued at $31,000. Cheviot Value Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter valued at $52,000. Hager Investment Management Services LLC acquired a new stake in iShares Core S&P 500 ETF during the second quarter valued at $61,000. Finally, Rice Partnership LLC boosted its position in iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.3%
IVV opened at $685.23 on Friday. The stock has a market cap of $718.63 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $693.07. The stock has a fifty day moving average price of $665.29 and a 200 day moving average price of $624.89.
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.
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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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