Founders Financial Securities LLC Sells 1,132 Shares of iShares Core S&P 500 ETF $IVV

Founders Financial Securities LLC decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,918 shares of the company’s stock after selling 1,132 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 0.7% of Founders Financial Securities LLC’s portfolio, making the stock its 27th biggest position. Founders Financial Securities LLC’s holdings in iShares Core S&P 500 ETF were worth $12,238,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Keenan LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $29,000. GS Investments Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $38,000. Finally, Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at about $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $750.11 on Monday. iShares Core S&P 500 ETF has a 1 year low of $594.71 and a 1 year high of $764.00. The company has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average of $734.01 and a 200 day moving average of $700.78.

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.