LJI Wealth Management LLC Trims Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

LJI Wealth Management LLC reduced its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,164 shares of the company’s stock after selling 193 shares during the period. LJI Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $654,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Windsor Advisory Group LLC boosted its stake in shares of iShares Core S&P 500 ETF by 100.0% during the 4th quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after buying an additional 25 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $30,000. Sellwood Investment Partners LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $32,000. Investment Counsel Co. of Nevada acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $33,000. Finally, Navigoe LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $38,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.4%

IVV stock opened at $626.44 on Monday. The firm has a market cap of $630.26 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $629.87. The stock’s 50 day simple moving average is $599.82 and its 200 day simple moving average is $584.50.

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.