iShares Core S&P 500 ETF $IVV Stock Position Cut by Financial Advisory Corp

Financial Advisory Corp decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% during the third quarter, Holdings Channel.com reports. The fund owned 187,111 shares of the company’s stock after selling 1,329 shares during the period. iShares Core S&P 500 ETF accounts for approximately 18.4% of Financial Advisory Corp’s holdings, making the stock its biggest holding. Financial Advisory Corp’s holdings in iShares Core S&P 500 ETF were worth $125,234,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Johnson Bixby & Associates LLC lifted its stake in shares of iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock valued at $871,000 after purchasing an additional 16 shares during the period. Wealth Watch Advisors INC grew its position in iShares Core S&P 500 ETF by 1.5% in the second quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock worth $682,000 after acquiring an additional 16 shares during the period. Culbertson A N & Co. Inc. increased its position in shares of iShares Core S&P 500 ETF by 1.1% during the 2nd quarter. Culbertson A N & Co. Inc. now owns 1,420 shares of the company’s stock worth $882,000 after purchasing an additional 16 shares during the last quarter. Synergy Financial Group LTD increased its position in shares of iShares Core S&P 500 ETF by 2.5% during the second quarter. Synergy Financial Group LTD now owns 661 shares of the company’s stock valued at $410,000 after acquiring an additional 16 shares during the last quarter. Finally, Activest Wealth Management raised its position in iShares Core S&P 500 ETF by 1.5% in the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock valued at $643,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.8%

IVV opened at $677.50 on Friday. The firm has a market cap of $711.04 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07. The stock’s 50-day moving average price is $678.26 and its 200 day moving average price is $651.43.

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.