iShares Core S&P 500 ETF $IVV Shares Sold by USA Financial Formulas

USA Financial Formulas decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 49.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,886 shares of the company’s stock after selling 29,806 shares during the period. iShares Core S&P 500 ETF accounts for 3.3% of USA Financial Formulas’ investment portfolio, making the stock its 9th largest holding. USA Financial Formulas’ holdings in iShares Core S&P 500 ETF were worth $19,177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Bank of Finland raised its position in iShares Core S&P 500 ETF by 0.3% in the 1st quarter. Bank of Finland now owns 517,115 shares of the company’s stock valued at $290,567,000 after purchasing an additional 1,592 shares during the last quarter. Dynasty Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 0.5% in the 1st quarter. Dynasty Wealth Management LLC now owns 830,277 shares of the company’s stock valued at $466,533,000 after purchasing an additional 4,478 shares during the last quarter. Mayfair Advisory Group LLC raised its position in iShares Core S&P 500 ETF by 0.6% in the 1st quarter. Mayfair Advisory Group LLC now owns 3,992 shares of the company’s stock valued at $2,243,000 after purchasing an additional 25 shares during the last quarter. D Orazio & Associates Inc. raised its position in iShares Core S&P 500 ETF by 9.9% in the 1st quarter. D Orazio & Associates Inc. now owns 632 shares of the company’s stock valued at $355,000 after purchasing an additional 57 shares during the last quarter. Finally, STAR Financial Bank raised its position in iShares Core S&P 500 ETF by 98.8% in the 1st quarter. STAR Financial Bank now owns 2,921 shares of the company’s stock valued at $1,641,000 after purchasing an additional 1,452 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $672.42 on Friday. The company has a market cap of $704.39 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $675.93. The company has a fifty day moving average price of $651.25 and a 200 day moving average price of $606.77.

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.