FOCUS Wealth Advisors LLC Has $12.93 Million Position in iShares Core S&P 500 ETF $IVV

FOCUS Wealth Advisors LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,263 shares of the ETF’s stock after selling 2,242 shares during the period. iShares Core S&P 500 ETF accounts for approximately 6.0% of FOCUS Wealth Advisors LLC’s portfolio, making the stock its 3rd largest holding. FOCUS Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $12,928,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Keenan LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $26,000. Punch & Associates Investment Management Inc. boosted its position in shares of iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after acquiring an additional 14 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Finally, Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $38,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.2%

IVV stock opened at $773.36 on Thursday. The company’s 50 day moving average is $749.43 and its 200 day moving average is $714.75. The stock has a market cap of $898.30 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $631.19 and a 1-year high of $780.64.

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.