Sigma Planning Corp Cuts Position in iShares Core S&P 500 ETF $IVV

Sigma Planning Corp decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 293,042 shares of the company’s stock after selling 14,989 shares during the quarter. iShares Core S&P 500 ETF makes up about 5.6% of Sigma Planning Corp’s investment portfolio, making the stock its biggest holding. Sigma Planning Corp’s holdings in iShares Core S&P 500 ETF were worth $196,133,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Americana Partners LLC grew its stake in iShares Core S&P 500 ETF by 21.8% during the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after purchasing an additional 1,187 shares during the period. Forza Wealth Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 28.7% during the 3rd quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after buying an additional 1,438 shares in the last quarter. Coyle Financial Counsel LLC grew its position in shares of iShares Core S&P 500 ETF by 7.1% during the 3rd quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock worth $71,723,000 after buying an additional 7,120 shares during the period. Fonville Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 121.3% during the 3rd quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock worth $3,937,000 after buying an additional 3,224 shares during the period. Finally, Fortitude Family Office LLC increased its stake in shares of iShares Core S&P 500 ETF by 13.4% in the 3rd quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock valued at $32,950,000 after acquiring an additional 5,800 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 0.7%

Shares of NYSEARCA IVV opened at $692.50 on Friday. The firm has a market cap of $761.20 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97. The company’s fifty day simple moving average is $690.48 and its 200 day simple moving average is $675.13.

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. 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.