Xcel Wealth Management LLC Has $281,000 Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Xcel Wealth Management LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 486 shares of the company’s stock after selling 37 shares during the period. Xcel Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IVV. Thompson Investment Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at $37,000. CFM Wealth Partners LLC boosted its stake in iShares Core S&P 500 ETF by 16.2% in the 1st quarter. CFM Wealth Partners LLC now owns 1,132 shares of the company’s stock worth $595,000 after purchasing an additional 158 shares during the period. CIC Wealth LLC boosted its stake in iShares Core S&P 500 ETF by 0.5% in the 1st quarter. CIC Wealth LLC now owns 6,921 shares of the company’s stock worth $3,639,000 after purchasing an additional 34 shares during the period. Atlas Capital Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Atlas Capital Advisors LLC now owns 1,249 shares of the company’s stock worth $657,000 after purchasing an additional 31 shares during the period. Finally, RMR Wealth Builders boosted its stake in iShares Core S&P 500 ETF by 46.4% in the 1st quarter. RMR Wealth Builders now owns 748 shares of the company’s stock worth $393,000 after purchasing an additional 237 shares during the period.

iShares Core S&P 500 ETF Trading Down 0.1 %

Shares of NYSEARCA IVV opened at $586.12 on Wednesday. The firm has a market cap of $505.76 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $588.93. The company has a fifty day moving average price of $568.35 and a 200 day moving average price of $546.36.

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.