iShares Core S&P 500 ETF $IVV Stock Position Lowered by Wealth Alliance LLC

Wealth Alliance LLC lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 36.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,410 shares of the company’s stock after selling 32,268 shares during the period. iShares Core S&P 500 ETF comprises approximately 3.9% of Wealth Alliance LLC’s investment portfolio, making the stock its 2nd biggest holding. Wealth Alliance LLC’s holdings in iShares Core S&P 500 ETF were worth $35,025,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVV. Flaharty Asset Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter worth $28,000. Lord & Richards Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the first quarter valued at $31,000. Nvwm LLC raised its holdings in shares of iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after acquiring an additional 40 shares in the last quarter. Cheviot Value Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $52,000. Finally, Hager Investment Management Services LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth about $61,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $686.16 on Wednesday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $693.07. The company has a market capitalization of $720.12 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50-day simple moving average is $669.88 and its two-hundred day simple moving average is $633.36.

iShares Core S&P 500 ETF Company 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.