iShares Core S&P 500 ETF $IVV Stock Position Lessened by Avondale Wealth Management

Avondale Wealth Management lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the second quarter, Holdings Channel reports. The institutional investor owned 58,315 shares of the company’s stock after selling 95 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 20.2% of Avondale Wealth Management’s investment portfolio, making the stock its largest holding. Avondale Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $36,208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Johnson Bixby & Associates LLC grew its position 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 worth $871,000 after buying an additional 16 shares during the last quarter. Activest Wealth Management grew its position in shares of iShares Core S&P 500 ETF by 1.5% in the 1st quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock worth $643,000 after buying an additional 17 shares during the last quarter. Greenfield Savings Bank grew its position in shares of iShares Core S&P 500 ETF by 2.0% in the 2nd quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock worth $540,000 after buying an additional 17 shares during the last quarter. Next Level Private LLC boosted its stake in iShares Core S&P 500 ETF by 1.6% in the 2nd quarter. Next Level Private LLC now owns 1,089 shares of the company’s stock worth $676,000 after purchasing an additional 17 shares in the last quarter. Finally, Graham Capital Wealth Management LLC boosted its stake in iShares Core S&P 500 ETF by 2.8% in the 1st quarter. Graham Capital Wealth Management LLC now owns 660 shares of the company’s stock worth $371,000 after purchasing an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.4%

IVV stock opened at $669.30 on Wednesday. The firm has a 50 day moving average of $649.21 and a 200 day moving average of $604.83. The stock has a market capitalization of $674.19 billion, a PE 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 $670.55.

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.