Laurel Wealth Advisors LLC Cuts Stock Holdings in iShares Core S&P 500 ETF $IVV

Laurel Wealth Advisors LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 99.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,331 shares of the company’s stock after selling 2,743,891 shares during the period. Laurel Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in IVV. Ted Buchan & Co increased its holdings in iShares Core S&P 500 ETF by 0.3% in the third quarter. Ted Buchan & Co now owns 20,438 shares of the company’s stock valued at $13,680,000 after buying an additional 58 shares in the last quarter. Okabena Investment Services Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 1.2% during the 3rd quarter. Okabena Investment Services Inc. now owns 50,164 shares of the company’s stock worth $33,575,000 after acquiring an additional 602 shares in the last quarter. Finemark National Bank & Trust grew its position in shares of iShares Core S&P 500 ETF by 2.1% during the 3rd quarter. Finemark National Bank & Trust now owns 229,378 shares of the company’s stock valued at $153,523,000 after acquiring an additional 4,642 shares during the period. River Wealth Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 1.5% in the 3rd quarter. River Wealth Advisors LLC now owns 51,730 shares of the company’s stock valued at $34,623,000 after purchasing an additional 770 shares in the last quarter. Finally, Arete Wealth Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 11.1% in the 3rd quarter. Arete Wealth Advisors LLC now owns 17,043 shares of the company’s stock valued at $11,411,000 after purchasing an additional 1,709 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.4%

Shares of IVV stock opened at $689.38 on Monday. The company has a market capitalization of $757.77 billion, a P/E ratio of 25.10 and a beta of 1.00. The business’s 50 day moving average is $691.61 and its two-hundred day moving average is $677.13. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.