Synergy Investment Management LLC Sells 9,795 Shares of iShares Core S&P 500 ETF $IVV

Synergy Investment Management LLC lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 33.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 19,158 shares of the company’s stock after selling 9,795 shares during the quarter. iShares Core S&P 500 ETF accounts for about 7.2% of Synergy Investment Management LLC’s investment portfolio, making the stock its 4th largest holding. Synergy Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $11,896,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Inspire Advisors LLC lifted its position in iShares Core S&P 500 ETF by 1.5% during the 2nd quarter. Inspire Advisors LLC now owns 3,896 shares of the company’s stock valued at $2,419,000 after purchasing an additional 58 shares during the period. Greykasell Wealth Strategies Inc. grew its holdings in iShares Core S&P 500 ETF by 3.0% during the 2nd quarter. Greykasell Wealth Strategies Inc. now owns 12,387 shares of the company’s stock worth $7,691,000 after acquiring an additional 355 shares during the period. Culbertson A N & Co. Inc. raised its position in shares of iShares Core S&P 500 ETF by 1.1% during the 2nd quarter. Culbertson A N & Co. Inc. now owns 1,420 shares of the company’s stock valued at $882,000 after acquiring an additional 16 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 5.2% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 8,419 shares of the company’s stock valued at $5,227,000 after purchasing an additional 415 shares during the period. Finally, Nordwand Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 1,556.4% during the second quarter. Nordwand Advisors LLC now owns 13,483 shares of the company’s stock worth $8,372,000 after purchasing an additional 12,669 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.9%

NYSEARCA IVV opened at $668.99 on Tuesday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The company has a market capitalization of $702.11 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a 50-day simple moving average of $671.97 and a 200 day simple moving average of $636.72.

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.