Linscomb Wealth Inc. Decreases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Linscomb Wealth Inc. trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 322,846 shares of the company’s stock after selling 14,021 shares during the period. iShares Core S&P 500 ETF accounts for 9.2% of Linscomb Wealth Inc.’s portfolio, making the stock its 2nd largest holding. Linscomb Wealth Inc.’s holdings in iShares Core S&P 500 ETF were worth $186,224,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. 1620 Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF in the 2nd quarter valued at $36,000. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $40,000. Covestor Ltd increased its holdings in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after acquiring an additional 61 shares during the last quarter. LRI Investments LLC bought a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at $55,000. Finally, Proffitt & Goodson Inc. increased its holdings in iShares Core S&P 500 ETF by 21.2% in the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after acquiring an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 1.1 %

NYSEARCA IVV traded down $6.49 on Friday, reaching $589.74. The company had a trading volume of 796,846 shares, compared to its average volume of 5,046,854. The stock has a market capitalization of $508.89 billion, a PE ratio of 25.23 and a beta of 0.99. The firm’s 50 day moving average price is $577.65 and its 200 day moving average price is $555.03. iShares Core S&P 500 ETF has a 12 month low of $450.19 and a 12 month high of $603.09.

iShares Core S&P 500 ETF 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.