Capital Investment Services of America Inc. Reduces Stock Position in iShares Core S&P 500 ETF $IVV

Capital Investment Services of America Inc. lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.0% during the 2nd quarter, Holdings Channel reports. The firm owned 1,264 shares of the company’s stock after selling 125 shares during the quarter. Capital Investment Services of America Inc.’s holdings in iShares Core S&P 500 ETF were worth $785,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at about $28,000. Lord & Richards Wealth Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter worth about $31,000. Cheviot Value Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter worth about $52,000. Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth about $61,000. Finally, Rice Partnership LLC boosted its stake in shares of 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 buying an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.6%

Shares of IVV opened at $674.97 on Friday. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $677.20. The company has a market capitalization of $707.94 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average price is $660.21 and its 200-day moving average price is $617.66.

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.