Old Port Advisors Lowers Stock Holdings in iShares Core S&P 500 ETF $IVV

Old Port Advisors reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 52.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,677 shares of the company’s stock after selling 8,539 shares during the period. iShares Core S&P 500 ETF accounts for 1.3% of Old Port Advisors’ holdings, making the stock its 16th biggest holding. Old Port Advisors’ holdings in iShares Core S&P 500 ETF were worth $5,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in iShares Core S&P 500 ETF by 3.5% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,713 shares of the company’s stock valued at $17,828,000 after buying an additional 974 shares during the period. Cape Investment Advisory Inc. lifted its holdings in iShares Core S&P 500 ETF by 35.9% during the second quarter. Cape Investment Advisory Inc. now owns 2,807 shares of the company’s stock worth $1,743,000 after buying an additional 741 shares during the period. RWA Wealth Partners LLC boosted its position in iShares Core S&P 500 ETF by 5.0% during the 2nd quarter. RWA Wealth Partners LLC now owns 188,694 shares of the company’s stock valued at $117,160,000 after acquiring an additional 9,023 shares in the last quarter. Evolution Wealth Management Inc. bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at $1,869,000. Finally, Tradewinds LLC. increased its holdings in shares of iShares Core S&P 500 ETF by 9.1% in the 2nd quarter. Tradewinds LLC. now owns 2,842 shares of the company’s stock valued at $1,765,000 after acquiring an additional 237 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.6%

IVV opened at $679.84 on Wednesday. The firm has a market cap of $713.49 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The stock has a fifty day moving average price of $678.28 and a 200-day moving average price of $651.10.

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.