Smith Shellnut Wilson LLC ADV Sells 213 Shares of iShares Core S&P 500 ETF $IVV

Smith Shellnut Wilson LLC ADV lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,696 shares of the company’s stock after selling 213 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 8.3% of Smith Shellnut Wilson LLC ADV’s investment portfolio, making the stock its largest holding. Smith Shellnut Wilson LLC ADV’s holdings in iShares Core S&P 500 ETF were worth $19,059,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter worth approximately $28,000. Lord & Richards Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter worth approximately $31,000. Cheviot Value Management LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter worth approximately $52,000. Hager Investment Management Services LLC acquired a new position in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $61,000. Finally, Rice Partnership LLC grew its stake in shares of iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV opened at $685.23 on Friday. The firm has a fifty day moving average price of $665.29 and a 200 day moving average price of $625.48. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $693.07. The stock has a market cap of $718.63 billion, a P/E 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.