iShares Core S&P 500 ETF $IVV is 5T Wealth LLC’s 5th Largest Position

5T Wealth LLC lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 28.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,349 shares of the company’s stock after selling 4,078 shares during the quarter. iShares Core S&P 500 ETF comprises 3.1% of 5T Wealth LLC’s portfolio, making the stock its 5th biggest holding. 5T Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $6,425,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IVV. Flaharty Asset Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter valued at approximately $28,000. Lord & Richards Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter valued at approximately $31,000. Cheviot Value Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter valued at approximately $52,000. Hager Investment Management Services LLC purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at approximately $61,000. Finally, Rice Partnership LLC grew its holdings in iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $685.23 on Friday. The stock has a market capitalization of $718.63 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $665.29 and a two-hundred day simple moving average of $625.48. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $693.07.

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.