Sonoma Allocations LLC Trims Stock Holdings in iShares Core S&P 500 ETF $IVV

Sonoma Allocations LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,165 shares of the ETF’s stock after selling 3,379 shares during the quarter. iShares Core S&P 500 ETF comprises 13.7% of Sonoma Allocations LLC’s portfolio, making the stock its biggest position. Sonoma Allocations LLC’s holdings in iShares Core S&P 500 ETF were worth $36,241,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Keenan LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. Punch & Associates Investment Management Inc. raised 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 purchasing an additional 14 shares during the period. GS Investments Inc. raised its position in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares during the period. Finally, Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $776.73 on Friday. The business’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 fifty-two week low of $632.14 and a fifty-two week high of $780.64. The stock has a market capitalization of $902.21 billion, a PE ratio of 25.10 and a beta of 1.00.

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.