Verus Capital Partners LLC Trims Stock Position in iShares Core S&P 500 ETF $IVV

Verus Capital Partners LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,867 shares of the company’s stock after selling 4,726 shares during the period. iShares Core S&P 500 ETF comprises about 2.5% of Verus Capital Partners LLC’s holdings, making the stock its 6th largest holding. Verus Capital Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $30,342,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Flaharty Asset Management LLC bought a new stake in iShares Core S&P 500 ETF in the first quarter valued at approximately $28,000. Lord & Richards Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $31,000. Nvwm LLC boosted its stake in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares in the last quarter. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF in the first quarter worth about $52,000. Finally, Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF in the second quarter worth about $61,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $684.82 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07. The stock’s 50 day simple moving average is $669.02 and its two-hundred day simple moving average is $632.42. The stock has a market cap of $718.72 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.