Smith Anglin Financial LLC Has $7.21 Million Holdings in iShares Core S&P 500 ETF $IVV

Smith Anglin Financial LLC lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 59.0% during the second quarter, Holdings Channel reports. The firm owned 11,604 shares of the company’s stock after selling 16,709 shares during the period. iShares Core S&P 500 ETF comprises 0.7% of Smith Anglin Financial LLC’s portfolio, making the stock its 24th largest holding. Smith Anglin Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $7,205,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at $28,000. Lord & Richards Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at about $31,000. Marquette Asset Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 51.9% in the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after purchasing an additional 27 shares during the period. Cheviot Value Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $52,000. Finally, Inlight Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter worth approximately $60,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $669.30 on Wednesday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $670.55. The stock has a 50 day simple moving average of $649.21 and a two-hundred day simple moving average of $604.83. The company has a market cap of $674.19 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.