49 Wealth Management LLC Reduces Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

49 Wealth Management LLC trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,207 shares of the company’s stock after selling 93 shares during the quarter. iShares Core S&P 500 ETF makes up 0.8% of 49 Wealth Management LLC’s investment portfolio, making the stock its 23rd largest position. 49 Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $4,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF during the second quarter valued at about $36,000. Cedar Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank bought a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $40,000. Covestor Ltd grew its position in shares of iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $46,000.

iShares Core S&P 500 ETF Stock Up 0.6 %

Shares of IVV stock opened at $596.89 on Friday. The firm has a market capitalization of $515.06 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock has a fifty day moving average of $581.64 and a 200 day moving average of $557.96. iShares Core S&P 500 ETF has a 52 week low of $455.41 and a 52 week high of $603.09.

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.