Teamwork Financial Advisors LLC Cuts Stock Position in iShares Core S&P 500 ETF $IVV

Teamwork Financial Advisors LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 36.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,613 shares of the ETF’s stock after selling 932 shares during the period. Teamwork Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,208,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Keenan LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. Punch & Associates Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares in the last quarter. GS Investments Inc. increased its stake in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after buying an additional 20 shares in the last quarter. Finally, Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $776.73 on Friday. The company has a market cap of $902.21 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s 50 day simple moving average is $750.05 and its 200-day simple moving average is $715.73. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $780.64.

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.