Spectrum Wealth Counsel LLC Sells 16,959 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Spectrum Wealth Counsel LLC trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.1% in the second quarter, HoldingsChannel.com reports. The firm owned 150,421 shares of the company’s stock after selling 16,959 shares during the quarter. iShares Core S&P 500 ETF comprises about 10.4% of Spectrum Wealth Counsel LLC’s investment portfolio, making the stock its 2nd largest holding. Spectrum Wealth Counsel LLC’s holdings in iShares Core S&P 500 ETF were worth $82,315,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IVV. Commerce Bank boosted its position in shares of iShares Core S&P 500 ETF by 1.0% in the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after purchasing an additional 2,285 shares during the period. SageView Advisory Group LLC lifted its stake in iShares Core S&P 500 ETF by 22.2% in the fourth quarter. SageView Advisory Group LLC now owns 39,174 shares of the company’s stock valued at $19,325,000 after buying an additional 7,123 shares during the last quarter. BNP Paribas acquired a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at approximately $1,077,000. MONECO Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 1.7% during the fourth quarter. MONECO Advisors LLC now owns 3,320 shares of the company’s stock worth $1,586,000 after acquiring an additional 54 shares during the last quarter. Finally, True Link Financial Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 9.0% in the 1st quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock valued at $139,898,000 after acquiring an additional 21,997 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $565.05 on Friday. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $568.24. The stock has a market cap of $487.58 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm has a fifty day moving average price of $552.88 and a 200 day moving average price of $535.21.

About iShares Core S&P 500 ETF

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.