iShares Core S&P 500 ETF (NYSEARCA:IVV) Position Trimmed by Abound Wealth Management

Abound Wealth Management reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,944 shares of the company’s stock after selling 204 shares during the period. iShares Core S&P 500 ETF accounts for 6.9% of Abound Wealth Management’s portfolio, making the stock its 5th biggest holding. Abound Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $18,575,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Burkett Financial Services LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $31,000. 1620 Investment Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter worth $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF during the first quarter valued at about $37,000. Covestor Ltd lifted its position in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after acquiring an additional 61 shares in the last quarter. Finally, Ables Iannone Moore & Associates Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $44,000.

iShares Core S&P 500 ETF Trading Up 0.5 %

Shares of IVV opened at $565.05 on Monday. The business’s 50 day moving average is $552.88 and its 200 day moving average is $535.40. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $568.24. The company has a market capitalization of $487.58 billion, a PE ratio of 25.23 and a beta of 0.99.

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.