Magnolia Private Wealth LLC Trims Holdings in iShares Core S&P 500 ETF $IVV

Magnolia Private Wealth LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,830 shares of the company’s stock after selling 730 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.6% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 16th largest holding. Magnolia Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $2,563,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Americana Partners LLC increased its holdings in shares of iShares Core S&P 500 ETF by 21.8% in the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock valued at $4,441,000 after acquiring an additional 1,187 shares during the period. Forza Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 28.7% during the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after purchasing an additional 1,438 shares in the last quarter. Fonville Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 121.3% during the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after purchasing an additional 3,224 shares in the last quarter. Fortitude Family Office LLC grew its stake in iShares Core S&P 500 ETF by 13.4% in the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock valued at $32,950,000 after purchasing an additional 5,800 shares during the last quarter. Finally, Community Trust & Investment Co. raised its holdings in iShares Core S&P 500 ETF by 29.9% in the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock worth $2,887,000 after purchasing an additional 992 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 Stock Performance

IVV stock opened at $695.15 on Wednesday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $700.97. The firm has a market cap of $764.11 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm has a 50-day simple moving average of $690.52 and a two-hundred day simple moving average of $672.39.

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.