Beacon Investment Advisory Services Inc. Decreases Holdings in iShares Core S&P 500 ETF $IVV

Beacon Investment Advisory Services Inc. lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,892 shares of the ETF’s stock after selling 1,086 shares during the period. iShares Core S&P 500 ETF makes up about 1.1% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 28th biggest position. Beacon Investment Advisory Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $29,126,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IVV. Colorado Capital Management Inc. boosted its position in iShares Core S&P 500 ETF by 6.1% during the second quarter. Colorado Capital Management Inc. now owns 1,557 shares of the ETF’s stock worth $1,166,000 after purchasing an additional 90 shares in the last quarter. Beacon Financial Strategies CORP increased its position in shares of iShares Core S&P 500 ETF by 7.5% in the second quarter. Beacon Financial Strategies CORP now owns 994 shares of the ETF’s stock valued at $744,000 after buying an additional 69 shares in the last quarter. Quantum Financial Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 4.2% during the 2nd quarter. Quantum Financial Advisors LLC now owns 846 shares of the ETF’s stock worth $634,000 after buying an additional 34 shares during the last quarter. Williams & Novak LLC raised its stake in shares of iShares Core S&P 500 ETF by 19.4% during the 2nd quarter. Williams & Novak LLC now owns 652 shares of the ETF’s stock worth $488,000 after buying an additional 106 shares during the last quarter. Finally, Chesley Taft & Associates LLC boosted its position in shares of iShares Core S&P 500 ETF by 9.9% in the 2nd quarter. Chesley Taft & Associates LLC now owns 33,396 shares of the ETF’s stock worth $25,010,000 after buying an additional 3,009 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.6%

Shares of NYSEARCA IVV opened at $776.73 on Friday. The stock has a market cap of $902.21 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $780.64. The company’s 50-day moving average price is $750.05 and its 200 day moving average price is $715.73.

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. 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.