BCS Wealth Management Has $1.21 Million Position in iShares Core S&P 500 ETF $IVV

BCS Wealth Management cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 68.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,854 shares of the company’s stock after selling 4,032 shares during the quarter. BCS Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $1,211,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IVV. Keenan LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $29,000. GS Investments Inc. increased its stake in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after acquiring an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $736.50 on Friday. The firm’s 50 day simple moving average is $738.11 and its 200 day simple moving average is $702.26. The company has a market capitalization of $813.28 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $611.28 and a fifty-two week high of $764.00.

iShares Core S&P 500 ETF 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. 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.