Ifrah Financial Services Inc. reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,525 shares of the company’s stock after selling 46 shares during the quarter. Ifrah Financial Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $947,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Flaharty Asset Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth approximately $28,000. Lord & Richards Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth approximately $31,000. Cheviot Value Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth approximately $52,000. Inlight Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth approximately $60,000. Finally, Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth approximately $61,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Trading Up 0.6%
Shares of IVV stock opened at $667.69 on Monday. The company has a market cap of $697.70 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day simple moving average of $657.92 and a 200-day simple moving average of $614.54. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $677.20.
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.
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