Avaii Wealth Management LLC Sells 1,465 Shares of iShares Core S&P 500 ETF $IVV

Avaii Wealth Management LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,486 shares of the company’s stock after selling 1,465 shares during the period. iShares Core S&P 500 ETF accounts for about 8.1% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Avaii Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $22,251,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Americana Partners LLC raised its holdings in iShares Core S&P 500 ETF by 21.8% during the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after buying an additional 1,187 shares during the period. Forza Wealth Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 28.7% in the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after buying an additional 1,438 shares during the period. Legacy Private Trust Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after buying an additional 3,711 shares during the period. Coyle Financial Counsel LLC increased its position in shares of iShares Core S&P 500 ETF by 7.1% in the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock worth $71,723,000 after acquiring an additional 7,120 shares in the last quarter. Finally, Fonville Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 121.3% in the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock worth $3,937,000 after acquiring an additional 3,224 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $636.99 on Friday. The firm has a market capitalization of $700.18 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97. The company’s 50 day simple moving average is $682.25 and its 200-day simple moving average is $679.70.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.