Smart Money Group LLC Lowers Holdings in iShares Core S&P 500 ETF $IVV

Smart Money Group LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,858 shares of the company’s stock after selling 279 shares during the period. Smart Money Group LLC’s holdings in iShares Core S&P 500 ETF were worth $1,154,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IVV. Flaharty Asset Management LLC purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter worth approximately $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 purchased a new position in iShares Core S&P 500 ETF in the first quarter valued at $52,000. Hager Investment Management Services LLC acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $61,000. Finally, Rice Partnership LLC boosted its stake in shares of 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 worth $70,000 after acquiring an additional 92 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.1%

Shares of iShares Core S&P 500 ETF stock opened at $673.52 on Friday. The firm has a market cap of $706.86 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $693.07. The business has a 50-day moving average price of $667.77 and a 200 day moving average price of $629.01.

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.