Sowell Financial Services LLC Has $59.55 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Sowell Financial Services LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 79,523 shares of the ETF’s stock after selling 7,942 shares during the period. iShares Core S&P 500 ETF comprises approximately 1.9% of Sowell Financial Services LLC’s portfolio, making the stock its 9th biggest holding. Sowell Financial Services LLC’s holdings in iShares Core S&P 500 ETF were worth $59,554,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $331,591,000. Bison Wealth LLC raised its position in iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock valued at $4,591,000 after purchasing an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of iShares Core S&P 500 ETF by 0.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock worth $3,512,000 after buying an additional 45 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of iShares Core S&P 500 ETF by 43.1% during the second quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock valued at $4,340,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. increased its position in iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after purchasing an additional 97 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $776.19 on Thursday. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $780.64. The firm has a market capitalization of $901.58 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50-day simple moving average of $750.94 and a two-hundred day simple moving average of $717.75.

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. 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.