Milestone Investment Advisors LLC Sells 5,132 Shares of iShares Core S&P 500 ETF $IVV

Milestone Investment Advisors LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 26.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,579 shares of the company’s stock after selling 5,132 shares during the period. iShares Core S&P 500 ETF makes up 2.4% of Milestone Investment Advisors LLC’s portfolio, making the stock its 14th largest position. Milestone Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $9,052,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Flaharty Asset Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth $28,000. Nvwm LLC boosted its position in iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares during the last quarter. Hager Investment Management Services LLC acquired a new position in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $61,000. Rice Partnership LLC grew 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. Finally, Wealth Preservation Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at approximately $76,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.1%

Shares of IVV stock opened at $687.85 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The company’s fifty day simple moving average is $675.67 and its 200-day simple moving average is $644.84. The firm has a market cap of $721.90 billion, a PE ratio of 25.10 and a beta of 1.00.

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.