iShares Core S&P 500 ETF $IVV Holdings Reduced by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,074 shares of the company’s stock after selling 2,443 shares during the period. iShares Core S&P 500 ETF makes up about 3.8% of Patton Albertson Miller Group LLC’s investment portfolio, making the stock its 2nd largest holding. Patton Albertson Miller Group LLC’s holdings in iShares Core S&P 500 ETF were worth $28,607,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter valued at about $28,000. Lord & Richards Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter valued at about $31,000. Marquette Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 51.9% in the first quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after acquiring an additional 27 shares during the period. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter valued at about $52,000. Finally, Inlight Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter valued at about $60,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $666.76 on Tuesday. The company has a market cap of $671.63 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business’s 50-day moving average is $648.46 and its two-hundred day moving average is $604.38. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $670.55.

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.