iShares Core S&P 500 ETF $IVV Shares Sold by Barnes Wealth Management Group Inc

Barnes Wealth Management Group Inc lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 35.7% during the second quarter, Holdings Channel.com reports. The firm owned 11,510 shares of the company’s stock after selling 6,379 shares during the quarter. iShares Core S&P 500 ETF makes up 4.2% of Barnes Wealth Management Group Inc’s investment portfolio, making the stock its 2nd largest position. Barnes Wealth Management Group Inc’s holdings in iShares Core S&P 500 ETF were worth $7,146,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Flaharty Asset Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at approximately $28,000. Nvwm LLC raised its position in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares in the last quarter. Hager Investment Management Services LLC acquired a new stake in iShares Core S&P 500 ETF in the second quarter valued at $61,000. Rice Partnership LLC lifted its holdings in iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after acquiring an additional 92 shares during the period. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter worth $76,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.1%

NYSEARCA:IVV opened at $685.17 on Monday. The firm’s fifty day simple moving average is $677.95 and its 200-day simple moving average is $649.83. The stock has a market cap of $719.09 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07.

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.