Ballast Advisors LLC Sells 223 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Ballast Advisors LLC lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,338 shares of the company’s stock after selling 223 shares during the period. Ballast Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,348,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. 1620 Investment Advisors Inc. bought a new position in iShares Core S&P 500 ETF in the second quarter valued at approximately $36,000. Covestor Ltd raised its holdings in shares of iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the period. Christopher J. Hasenberg Inc lifted its position in iShares Core S&P 500 ETF by 65.6% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock valued at $58,000 after acquiring an additional 40 shares in the last quarter. Proffitt & Goodson Inc. boosted its stake in iShares Core S&P 500 ETF by 21.2% in the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after purchasing an additional 18 shares during the period. Finally, LRI Investments LLC bought a new position in iShares Core S&P 500 ETF during the 1st quarter worth about $55,000.

iShares Core S&P 500 ETF Price Performance

IVV opened at $591.34 on Wednesday. The company has a market capitalization of $510.27 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s 50-day moving average price is $572.18 and its two-hundred day moving average price is $551.18. iShares Core S&P 500 ETF has a 1 year low of $435.37 and a 1 year high of $592.29.

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.