Sfmg LLC Has $33.17 Million Position in iShares Core S&P 500 ETF $IVV

Sfmg LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 78.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 53,416 shares of the company’s stock after selling 198,793 shares during the period. iShares Core S&P 500 ETF comprises approximately 2.5% of Sfmg LLC’s holdings, making the stock its 10th largest position. Sfmg LLC’s holdings in iShares Core S&P 500 ETF were worth $33,166,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cooper Haims Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 16.3% during the 2nd quarter. Cooper Haims Advisors LLC now owns 27,568 shares of the company’s stock valued at $17,117,000 after acquiring an additional 3,871 shares during the period. Blueprint Investment Partners LLC lifted its position in iShares Core S&P 500 ETF by 10.7% during the second quarter. Blueprint Investment Partners LLC now owns 27,478 shares of the company’s stock valued at $17,061,000 after purchasing an additional 2,654 shares during the period. Archer Investment Corp lifted its position in iShares Core S&P 500 ETF by 2.3% during the second quarter. Archer Investment Corp now owns 3,266 shares of the company’s stock valued at $2,028,000 after purchasing an additional 73 shares during the period. Watchman Group Inc. purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth approximately $372,000. Finally, White Pine Capital LLC grew its position in iShares Core S&P 500 ETF by 4.2% in the 2nd quarter. White Pine Capital LLC now owns 15,485 shares of the company’s stock worth $9,615,000 after purchasing an additional 627 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $662.28 on Friday. The business’s fifty day moving average price is $672.31 and its 200-day moving average price is $638.37. The stock has a market capitalization of $695.06 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $693.07.

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.