Financial Advocates Investment Management Lowers Stock Holdings in iShares Core S&P 500 ETF $IVV

Financial Advocates Investment Management cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 63.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,485 shares of the company’s stock after selling 14,594 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 3.2% of Financial Advocates Investment Management’s portfolio, making the stock its 5th largest holding. Financial Advocates Investment Management’s holdings in iShares Core S&P 500 ETF were worth $5,679,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Heck Capital Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $331,591,000. Bison Wealth LLC lifted its holdings in iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after purchasing an additional 1,511 shares in the last quarter. GW Henssler & Associates Ltd. lifted its holdings in iShares Core S&P 500 ETF by 38.2% during the 2nd quarter. GW Henssler & Associates Ltd. now owns 6,004 shares of the company’s stock worth $3,728,000 after purchasing an additional 1,659 shares in the last quarter. Retirement Planning Group LLC NY boosted its stake in iShares Core S&P 500 ETF by 9.1% in the 2nd quarter. Retirement Planning Group LLC NY now owns 1,751 shares of the company’s stock worth $1,087,000 after purchasing an additional 146 shares during the period. Finally, M3 Advisory Group LLC grew its holdings in iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. M3 Advisory Group LLC now owns 8,222 shares of the company’s stock valued at $5,105,000 after buying an additional 98 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.5%

Shares of IVV opened at $684.33 on Friday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The stock has a market cap of $752.22 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s 50-day moving average price is $690.61 and its 200-day moving average price is $672.63.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.