iShares Core S&P 500 ETF $IVV Shares Sold by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% during the 2nd quarter, Holdings Channel reports. The fund owned 38,892 shares of the ETF’s stock after selling 1,086 shares during the period. iShares Core S&P 500 ETF comprises about 1.1% of Beacon Investment Advisory Services Inc.’s portfolio, making the stock its 28th biggest position. Beacon Investment Advisory Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $29,126,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Keenan LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $26,000. Punch & Associates Investment Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $29,000. GS Investments Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares during the period. Finally, Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $776.73 on Friday. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $780.64. The firm’s 50 day moving average price is $750.05 and its 200 day moving average price is $715.73. The firm has a market cap of $902.21 billion, a P/E ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF 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.