Sonoma Allocations LLC Has $34.08 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Sonoma Allocations LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,544 shares of the ETF’s stock after selling 3,169 shares during the quarter. iShares Core S&P 500 ETF makes up about 11.8% of Sonoma Allocations LLC’s portfolio, making the stock its largest position. Sonoma Allocations LLC’s holdings in iShares Core S&P 500 ETF were worth $34,080,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Orographic Financial Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth about $647,000. Cornerstone Wealth LLC TN bought a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at about $1,361,000. Vestwell Advisors LLC increased its position in iShares Core S&P 500 ETF by 13.9% in the 1st quarter. Vestwell Advisors LLC now owns 335,295 shares of the ETF’s stock valued at $219,019,000 after buying an additional 40,881 shares in the last quarter. Chesapeake Wealth Management raised its position in shares of iShares Core S&P 500 ETF by 5.2% during the first quarter. Chesapeake Wealth Management now owns 16,478 shares of the ETF’s stock worth $10,764,000 after purchasing an additional 816 shares during the period. Finally, Centaurus Financial Inc. grew its position in iShares Core S&P 500 ETF by 1.9% in the 1st quarter. Centaurus Financial Inc. now owns 4,964 shares of the ETF’s stock valued at $3,242,000 after purchasing an additional 92 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $745.20 on Friday. The firm has a 50-day moving average of $748.37 and a 200-day moving average of $712.81. The company has a market cap of $870.17 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $622.31 and a one year high of $764.00.

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. 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.