iShares Core S&P 500 ETF $IVV Stock Sold by Ballew Advisors Inc

Ballew Advisors Inc reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 49,824 shares of the ETF’s stock after selling 1,132 shares during the quarter. iShares Core S&P 500 ETF accounts for about 18.8% of Ballew Advisors Inc’s investment portfolio, making the stock its biggest holding. Ballew Advisors Inc’s holdings in iShares Core S&P 500 ETF were worth $38,519,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Norman Fields Gottscho Capital Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter worth about $284,000. Olistico Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $25,000. Horizons Wealth Management bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $934,000. Ferguson Wellman Capital Management Inc. grew its position in iShares Core S&P 500 ETF by 0.9% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 221,720 shares of the ETF’s stock worth $169,804,000 after purchasing an additional 2,072 shares during the last quarter. Finally, Argent Capital Management LLC increased its stake in shares of iShares Core S&P 500 ETF by 6.4% in the third quarter. Argent Capital Management LLC now owns 1,244 shares of the ETF’s stock valued at $953,000 after purchasing an additional 75 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV traded up $5.15 during mid-day trading on Monday, reaching $778.25. 9,041,861 shares of the company’s stock traded hands, compared to its average volume of 7,969,114. The business’s 50-day moving average price is $767.76 and its 200-day moving average price is $739.13. The stock has a market capitalization of $895.80 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $783.09.

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. 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.