Flagship Private Wealth LLC Cuts Stock Holdings in iShares Core S&P 500 ETF $IVV

Flagship Private Wealth LLC decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,265 shares of the company’s stock after selling 1,610 shares during the period. iShares Core S&P 500 ETF comprises approximately 12.8% of Flagship Private Wealth LLC’s holdings, making the stock its largest holding. Flagship Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $31,527,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Keenan LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at about $29,000. GS Investments Inc. boosted its position in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $38,000. Finally, Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $39,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $748.43 on Friday. The firm’s 50 day simple moving average is $741.72 and its 200-day simple moving average is $704.22. iShares Core S&P 500 ETF has a one year low of $620.85 and a one year high of $764.00. The firm has a market cap of $887.34 billion, a PE 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.