GeoWealth Management LLC Cuts Stock Position in iShares Core S&P 500 ETF $IVV

GeoWealth Management LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 15,169 shares of the company’s stock after selling 2,521 shares during the period. GeoWealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $9,419,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Heck Capital Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $331,591,000. Bison Wealth LLC lifted its position in shares of iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Patton Albertson Miller Group LLC lifted its position in shares of iShares Core S&P 500 ETF by 42.5% in the first quarter. Patton Albertson Miller Group LLC now owns 48,517 shares of the company’s stock valued at $27,262,000 after acquiring an additional 14,465 shares in the last quarter. Toews Corp ADV boosted its stake in shares of iShares Core S&P 500 ETF by 17.1% in the first quarter. Toews Corp ADV now owns 312,530 shares of the company’s stock worth $175,611,000 after acquiring an additional 45,550 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its position in shares of iShares Core S&P 500 ETF by 6.6% during the first quarter. Chicago Partners Investment Group LLC now owns 60,688 shares of the company’s stock worth $34,214,000 after purchasing an additional 3,761 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 Performance

NYSEARCA IVV opened at $687.85 on Friday. The business has a fifty day moving average price of $675.67 and a 200 day moving average price of $644.84. The company has a market cap of $721.90 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $693.07.

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.