iShares Core S&P 500 ETF $IVV Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% during the third quarter, HoldingsChannel reports. The firm owned 212,508 shares of the company’s stock after selling 6,701 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.8% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 10th largest position. Prime Capital Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $142,231,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IVV. Americana Partners LLC grew its holdings in shares of iShares Core S&P 500 ETF by 21.8% during the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock valued at $4,441,000 after purchasing an additional 1,187 shares during the last quarter. Forza Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 28.7% in the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after buying an additional 1,438 shares in the last quarter. Fonville Wealth Management LLC grew its stake in shares of 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 worth $3,937,000 after buying an additional 3,224 shares during the last quarter. Fortitude Family Office LLC grew its stake in shares of iShares Core S&P 500 ETF by 13.4% during the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after buying an additional 5,800 shares during the last quarter. Finally, Community Trust & Investment Co. increased its holdings in shares of iShares Core S&P 500 ETF by 29.9% during the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock worth $2,887,000 after buying an additional 992 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $680.52 on Friday. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $700.97. The stock has a market capitalization of $748.03 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a fifty day moving average of $689.91 and a 200-day moving average of $670.64.

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.