Beacon Financial Advisory LLC Reduces Stock Holdings in iShares Core S&P 500 ETF $IVV

Beacon Financial Advisory LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,782 shares of the company’s stock after selling 579 shares during the quarter. iShares Core S&P 500 ETF accounts for about 0.8% of Beacon Financial Advisory LLC’s portfolio, making the stock its 22nd largest position. Beacon Financial Advisory LLC’s holdings in iShares Core S&P 500 ETF were worth $2,969,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter worth $28,000. Lord & Richards Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at about $31,000. Cheviot Value Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at about $52,000. Inlight Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at about $60,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at about $76,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $672.42 on Wednesday. The business’s 50-day simple moving average is $652.63 and its two-hundred day simple moving average is $608.52. The company has a market cap of $703.96 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $676.25.

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.