Watershed Private Wealth LLC Trims Holdings in iShares Core S&P 500 ETF $IVV

Watershed Private Wealth LLC lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 63,676 shares of the company’s stock after selling 8,956 shares during the quarter. iShares Core S&P 500 ETF accounts for about 14.4% of Watershed Private Wealth LLC’s investment portfolio, making the stock its largest holding. Watershed Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $39,537,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in IVV. Flaharty Asset Management LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter worth $28,000. Lord & Richards Wealth Management LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter worth $31,000. Cheviot Value Management LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter worth $52,000. Inlight Wealth Management LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter worth $60,000. Finally, Wealth Preservation Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter worth $76,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 2.7%

Shares of iShares Core S&P 500 ETF stock opened at $656.20 on Friday. The firm has a market cap of $684.19 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $677.20. The company’s fifty day simple moving average is $654.83 and its two-hundred day simple moving average is $610.21.

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.