Pasadena Private Wealth LLC Reduces Position in iShares Core S&P 500 ETF $IVV

Pasadena Private Wealth LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.5% during the second quarter, HoldingsChannel reports. The firm owned 1,109 shares of the company’s stock after selling 511 shares during the period. Pasadena Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $688,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Flaharty Asset Management LLC bought a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $28,000. Lord & Richards Wealth Management LLC bought a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $31,000. Cheviot Value Management LLC bought a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $52,000. Hager Investment Management Services LLC bought a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $61,000. Finally, Rice Partnership LLC grew its holdings in shares of iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $680.52 on Monday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $681.80. The firm’s 50-day moving average is $660.89 and its two-hundred day moving average is $620.26. The stock has a market cap of $713.66 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.