Sentinus LLC Reduces Stake in iShares Core S&P 500 ETF $IVV

Sentinus LLC trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 45.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,648 shares of the company’s stock after selling 20,935 shares during the quarter. iShares Core S&P 500 ETF accounts for about 3.8% of Sentinus LLC’s portfolio, making the stock its 3rd biggest holding. Sentinus LLC’s holdings in iShares Core S&P 500 ETF were worth $15,304,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IVV. Gerber Kawasaki Wealth & Investment Management raised its position in iShares Core S&P 500 ETF by 3.8% during the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 41,817 shares of the company’s stock valued at $25,965,000 after buying an additional 1,529 shares during the period. SVB Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at about $31,189,000. L2 Asset Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at about $1,466,000. Navis Wealth Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 207.1% in the 2nd quarter. Navis Wealth Advisors LLC now owns 2,739 shares of the company’s stock valued at $1,701,000 after purchasing an additional 1,847 shares during the period. Finally, Ally Invest Advisors Inc. lifted its position in shares of iShares Core S&P 500 ETF by 2.7% in the second quarter. Ally Invest Advisors Inc. now owns 481,691 shares of the company’s stock worth $299,082,000 after purchasing an additional 12,479 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 Stock Performance

Shares of IVV opened at $687.06 on Tuesday. The company has a market capitalization of $721.07 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s 50 day moving average price is $676.56 and its 200 day moving average price is $646.96. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $693.07.

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.