iShares Core S&P 500 ETF $IVV is Beacon Financial Group’s 8th Largest Position

Beacon Financial Group lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 42.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,755 shares of the company’s stock after selling 23,735 shares during the period. iShares Core S&P 500 ETF makes up about 2.1% of Beacon Financial Group’s holdings, making the stock its 8th biggest holding. Beacon Financial Group’s holdings in iShares Core S&P 500 ETF were worth $19,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Flaharty Asset Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at $28,000. Windsor Advisory Group LLC boosted its stake in shares of iShares Core S&P 500 ETF by 100.0% in the 4th quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after purchasing an additional 25 shares in the last quarter. Lord & Richards Wealth Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at $31,000. Marquette Asset Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 51.9% in the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after purchasing an additional 27 shares in the last quarter. Finally, Putney Financial Group LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $47,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $664.17 on Tuesday. The company has a fifty day moving average of $641.11 and a 200-day moving average of $597.84. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $664.38. The stock has a market capitalization of $669.02 billion, a price-to-earnings 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.