Pinion Investment Advisors LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 22.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,421 shares of the company’s stock after selling 7,881 shares during the quarter. iShares Core S&P 500 ETF comprises about 5.9% of Pinion Investment Advisors LLC’s portfolio, making the stock its 3rd biggest position. Pinion Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $17,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of IVV. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $28,000. Lord & Richards Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $31,000. Cheviot Value Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $52,000. Hager Investment Management Services LLC acquired a new position in iShares Core S&P 500 ETF in the second quarter valued at approximately $61,000. Finally, Inlight Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $60,000. 70.12% of the stock is owned by institutional investors.
iShares Core S&P 500 ETF Price Performance
Shares of NYSEARCA IVV opened at $656.20 on Monday. The company’s 50 day simple moving average is $654.83 and its 200 day simple moving average is $610.76. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $677.20. The firm has a market capitalization of $685.11 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.
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