MONECO Advisors LLC lessened its stake in iShares S&P 500 ETF (NYSEARCA:IVV) by 24.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,223 shares of the company’s stock after selling 398 shares during the quarter. MONECO Advisors LLC’s holdings in iShares S&P 500 ETF were worth $526,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of IVV. Asio Capital LLC purchased a new position in iShares S&P 500 ETF in the 2nd quarter worth about $26,000. Concord Wealth Partners purchased a new stake in shares of iShares S&P 500 ETF during the 1st quarter valued at about $28,000. Blume Capital Management Inc. purchased a new stake in shares of iShares S&P 500 ETF during the 2nd quarter valued at about $63,000. Cypress Point Wealth Management LLC purchased a new stake in shares of iShares S&P 500 ETF during the 2nd quarter valued at about $83,000. Finally, Vigilant Capital Management LLC increased its position in shares of iShares S&P 500 ETF by 270.9% during the 2nd quarter. Vigilant Capital Management LLC now owns 204 shares of the company’s stock valued at $88,000 after purchasing an additional 149 shares during the last quarter.
Shares of NYSEARCA IVV traded up $1.91 during midday trading on Wednesday, hitting $448.10. 272,075 shares of the company’s stock traded hands, compared to its average volume of 4,261,314. The firm has a fifty day moving average of $444.31 and a 200 day moving average of $423.83. iShares S&P 500 ETF has a 1 year low of $320.92 and a 1 year high of $456.08.
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.
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