Banque Pictet & Cie SA Trims Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Banque Pictet & Cie SA reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 8,537 shares of the company’s stock after selling 250 shares during the quarter. Banque Pictet & Cie SA’s holdings in iShares Core S&P 500 ETF were worth $4,672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Bank of Stockton raised its position in iShares Core S&P 500 ETF by 2.2% in the 2nd quarter. Bank of Stockton now owns 89,301 shares of the company’s stock valued at $48,868,000 after purchasing an additional 1,948 shares during the last quarter. Atlantic Union Bankshares Corp raised its holdings in shares of iShares Core S&P 500 ETF by 74.0% in the second quarter. Atlantic Union Bankshares Corp now owns 10,758 shares of the company’s stock valued at $5,887,000 after buying an additional 4,574 shares during the last quarter. McAdam LLC raised its holdings in shares of iShares Core S&P 500 ETF by 1.9% in the second quarter. McAdam LLC now owns 38,911 shares of the company’s stock valued at $21,293,000 after buying an additional 740 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 6.0% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 3,668 shares of the company’s stock worth $2,007,000 after buying an additional 209 shares during the period. Finally, Colton Groome Financial Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 3.7% during the second quarter. Colton Groome Financial Advisors LLC now owns 91,372 shares of the company’s stock worth $50,002,000 after buying an additional 3,227 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 1.1 %

Shares of IVV stock opened at $565.23 on Friday. The stock’s 50-day moving average price is $550.33 and its 200 day moving average price is $529.45. The stock has a market capitalization of $487.74 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $568.24.

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.