Absolute Capital Management LLC Cuts Stock Position in iShares Core S&P 500 ETF $IVV

Absolute Capital Management LLC decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,688 shares of the company’s stock after selling 2,913 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.2% of Absolute Capital Management LLC’s investment portfolio, making the stock its 24th largest position. Absolute Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,290,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bank of Finland boosted its position in shares of iShares Core S&P 500 ETF by 0.3% during the first quarter. Bank of Finland now owns 517,115 shares of the company’s stock valued at $290,567,000 after buying an additional 1,592 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of iShares Core S&P 500 ETF by 3.5% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,713 shares of the company’s stock worth $17,828,000 after acquiring an additional 974 shares during the last quarter. KFA Private Wealth Group LLC boosted its holdings in iShares Core S&P 500 ETF by 26.2% during the 1st quarter. KFA Private Wealth Group LLC now owns 97,677 shares of the company’s stock valued at $54,885,000 after acquiring an additional 20,289 shares during the period. RWA Wealth Partners LLC grew its position in iShares Core S&P 500 ETF by 5.0% in the 2nd quarter. RWA Wealth Partners LLC now owns 188,694 shares of the company’s stock valued at $117,160,000 after acquiring an additional 9,023 shares during the last quarter. Finally, Tradewinds LLC. increased its stake in iShares Core S&P 500 ETF by 9.1% in the second quarter. Tradewinds LLC. now owns 2,842 shares of the company’s stock worth $1,765,000 after purchasing an additional 237 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.4%

NYSEARCA:IVV opened at $665.95 on Thursday. The company has a market cap of $698.91 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $693.07. The stock has a fifty day simple moving average of $672.38 and a 200-day simple moving average of $637.58.

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.