iShares Core S&P 500 ETF $IVV Stake Decreased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,234 shares of the company’s stock after selling 400 shares during the period. iShares Core S&P 500 ETF accounts for about 2.9% of Global Wealth Management Investment Advisory Inc.’s investment portfolio, making the stock its 5th largest holding. Global Wealth Management Investment Advisory Inc.’s holdings in iShares Core S&P 500 ETF were worth $15,668,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Johnson Bixby & Associates LLC boosted its stake in iShares Core S&P 500 ETF by 1.2% during the second quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock worth $871,000 after acquiring an additional 16 shares in the last quarter. Wealth Watch Advisors INC boosted its position in shares of iShares Core S&P 500 ETF by 1.5% in the 2nd quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock worth $682,000 after purchasing an additional 16 shares in the last quarter. Activest Wealth Management grew its stake in shares of iShares Core S&P 500 ETF by 1.5% in the 1st quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock worth $643,000 after buying an additional 17 shares during the last quarter. Greenfield Savings Bank increased its position in iShares Core S&P 500 ETF by 2.0% during the 2nd quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock valued at $540,000 after buying an additional 17 shares in the last quarter. Finally, Next Level Private LLC raised its stake in iShares Core S&P 500 ETF by 1.6% during the second quarter. Next Level Private LLC now owns 1,089 shares of the company’s stock valued at $676,000 after buying an additional 17 shares during 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 0.1%

iShares Core S&P 500 ETF stock opened at $674.34 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The business’s fifty day simple moving average is $668.29 and its two-hundred day simple moving average is $630.81. The company has a market capitalization of $707.72 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.