Continuum Wealth Advisors LLC Lowers Holdings in iShares Core S&P 500 ETF $IVV

Continuum Wealth Advisors LLC reduced its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 37.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 25,374 shares of the ETF’s stock after selling 15,250 shares during the quarter. iShares Core S&P 500 ETF accounts for about 6.9% of Continuum Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Continuum Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $16,575,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Scarborough Advisors LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter worth about $141,000. Parallel Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 28.0% during the first quarter. Parallel Advisors LLC now owns 1,068,916 shares of the ETF’s stock valued at $698,227,000 after buying an additional 234,126 shares during the period. Planning Alternatives Ltd. ADV increased its position in shares of iShares Core S&P 500 ETF by 0.3% during the first quarter. Planning Alternatives Ltd. ADV now owns 415,589 shares of the ETF’s stock valued at $271,467,000 after buying an additional 1,056 shares during the period. Decker Wealth Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter worth about $2,546,000. Finally, Greenwood Gearhart LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 15.7% in the first quarter. Greenwood Gearhart LLC now owns 13,634 shares of the ETF’s stock worth $8,906,000 after buying an additional 1,850 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $746.72 on Monday. The firm has a 50 day moving average of $748.30 and a 200-day moving average of $709.41. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00. The firm has a market capitalization of $879.71 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.