Centurion Wealth Management LLC Has $15.39 Million Stock Position in iShares Core S&P 500 ETF $IVV

Centurion Wealth Management LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 20,557 shares of the ETF’s stock after selling 1,515 shares during the period. iShares Core S&P 500 ETF accounts for about 3.7% of Centurion Wealth Management LLC’s holdings, making the stock its 2nd largest position. Centurion Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $15,395,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Keenan LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth $26,000. Punch & Associates Investment Management Inc. grew its stake in iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter worth $29,000. GS Investments Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after acquiring an additional 20 shares in the last quarter. Finally, Allied Private Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at about $33,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $776.73 on Monday. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $780.64. The company has a market capitalization of $902.21 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50-day simple moving average is $750.05 and its two-hundred day simple moving average is $715.88.

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. 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.