MA Private Wealth Sells 2,045 Shares of iShares Core S&P 500 ETF $IVV

MA Private Wealth cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 18,396 shares of the company’s stock after selling 2,045 shares during the period. iShares Core S&P 500 ETF comprises approximately 2.0% of MA Private Wealth’s investment portfolio, making the stock its 16th biggest holding. MA Private Wealth’s holdings in iShares Core S&P 500 ETF were worth $11,422,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Flaharty Asset Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $28,000. Lord & Richards Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $31,000. Cheviot Value Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $52,000. Inlight Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $60,000. Finally, Hager Investment Management Services LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $61,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $656.20 on Monday. The firm has a market capitalization of $685.11 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $677.20. The business has a 50 day simple moving average of $654.83 and a 200-day simple moving average of $610.76.

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.