FOCUS Wealth Advisors LLC Lowers Stock Holdings in iShares Core S&P 500 ETF $IVV

FOCUS Wealth Advisors LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,263 shares of the ETF’s stock after selling 2,242 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 6.0% of FOCUS Wealth Advisors LLC’s portfolio, making the stock its 3rd largest holding. FOCUS Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $12,928,000 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. Keenan LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $26,000. Punch & Associates Investment Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $29,000. GS Investments Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares during the period. Finally, Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $773.36 on Thursday. iShares Core S&P 500 ETF has a fifty-two week low of $631.19 and a fifty-two week high of $780.64. The stock has a market cap of $898.30 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a fifty day moving average of $749.43 and a 200-day moving average of $714.75.

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.