49 Wealth Management LLC Sells 93 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

49 Wealth Management LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,207 shares of the company’s stock after selling 93 shares during the period. iShares Core S&P 500 ETF makes up approximately 0.8% of 49 Wealth Management LLC’s investment portfolio, making the stock its 23rd largest position. 49 Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $4,734,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $36,000. Cedar Wealth Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after buying an additional 39 shares during the period. Kennebec Savings Bank acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $40,000. Covestor Ltd grew its holdings in iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $46,000.

iShares Core S&P 500 ETF Trading Up 0.6 %

NYSEARCA IVV opened at $596.89 on Friday. The firm has a market capitalization of $515.06 billion, a PE ratio of 25.23 and a beta of 0.99. The business’s 50-day moving average price is $581.64 and its two-hundred day moving average price is $557.96. iShares Core S&P 500 ETF has a 12 month low of $455.41 and a 12 month high of $603.09.

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.