Gradient Capital Advisors LLC Reduces Holdings in iShares S&P 500 ETF (NYSEARCA:IVV)

Gradient Capital Advisors LLC decreased its stake in shares of iShares S&P 500 ETF (NYSEARCA:IVV – Get Rating) by 3.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 54,540 shares of the company’s stock after selling 2,085 shares during the quarter. iShares S&P 500 ETF accounts for 9.3% of Gradient Capital Advisors LLC’s holdings, making the stock its largest position. Gradient Capital Advisors LLC’s holdings in iShares S&P 500 ETF were worth $19,561,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. O Dell Group LLC increased its holdings in shares of iShares S&P 500 ETF by 1.3% during the 2nd quarter. O Dell Group LLC now owns 2,150 shares of the company’s stock worth $815,000 after purchasing an additional 27 shares during the period. Foster & Motley Inc. increased its holdings in shares of iShares S&P 500 ETF by 2.0% during the 3rd quarter. Foster & Motley Inc. now owns 1,362 shares of the company’s stock worth $489,000 after purchasing an additional 27 shares during the period. Carson Advisory Inc. increased its holdings in shares of iShares S&P 500 ETF by 1.8% during the 2nd quarter. Carson Advisory Inc. now owns 1,612 shares of the company’s stock worth $611,000 after purchasing an additional 29 shares during the period. Johnson Bixby & Associates LLC increased its holdings in shares of iShares S&P 500 ETF by 1.8% during the 3rd quarter. Johnson Bixby & Associates LLC now owns 1,643 shares of the company’s stock worth $589,000 after purchasing an additional 29 shares during the period. Finally, Curated Wealth Partners LLC increased its holdings in shares of iShares S&P 500 ETF by 1.4% during the 3rd quarter. Curated Wealth Partners LLC now owns 2,227 shares of the company’s stock worth $798,000 after purchasing an additional 30 shares during the period.

iShares S&P 500 ETF Price Performance

Shares of iShares S&P 500 ETF stock traded down $5.81 during trading on Wednesday, hitting $396.34. 735,944 shares of the company’s stock traded hands, compared to its average volume of 3,981,665. The firm’s fifty day moving average price is $394.13 and its 200 day moving average price is $392.99. iShares S&P 500 ETF has a twelve month low of $349.53 and a twelve month high of $464.05.

iShares S&P 500 ETF Profile

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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.