Brookwood Investment Group LLC Cuts Holdings in iShares Core S&P 500 ETF $IVV

Brookwood Investment Group LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 33.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,300 shares of the company’s stock after selling 3,611 shares during the period. iShares Core S&P 500 ETF makes up about 0.7% of Brookwood Investment Group LLC’s investment portfolio, making the stock its 23rd largest holding. Brookwood Investment Group LLC’s holdings in iShares Core S&P 500 ETF were worth $4,533,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Flaharty Asset Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth $28,000. Lord & Richards Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth $31,000. Cheviot Value Management LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter worth about $52,000. Hager Investment Management Services LLC purchased a new position in iShares Core S&P 500 ETF in the second quarter worth about $61,000. Finally, Rice Partnership LLC boosted its position in iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $680.52 on Monday. The stock has a market capitalization of $713.66 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day simple moving average is $660.89 and its two-hundred day simple moving average is $620.26. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $681.80.

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.