iShares Core S&P 500 ETF $IVV Position Cut by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 545,046 shares of the ETF’s stock after selling 9,833 shares during the quarter. iShares Core S&P 500 ETF comprises about 19.3% of Midland Wealth Advisors LLC’s investment portfolio, making the stock its largest position. Midland Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $417,423,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Citrine Capital LLC increased its holdings in shares of iShares Core S&P 500 ETF by 2.8% in the 3rd quarter. Citrine Capital LLC now owns 474 shares of the ETF’s stock valued at $363,000 after acquiring an additional 13 shares during the last quarter. Punch & Associates Investment Management Inc. raised 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 in the last quarter. Hidden Cove Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 3.5% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after acquiring an additional 14 shares in the last quarter. IFC & Insurance Marketing Inc. lifted its stake in iShares Core S&P 500 ETF by 3.9% during the third quarter. IFC & Insurance Marketing Inc. now owns 371 shares of the ETF’s stock worth $284,000 after purchasing an additional 14 shares during the last quarter. Finally, Rainey & Randall Wealth Advisors Inc. lifted its stake in iShares Core S&P 500 ETF by 3.0% during the third quarter. Rainey & Randall Wealth Advisors Inc. now owns 481 shares of the ETF’s stock worth $368,000 after purchasing an additional 14 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $772.97 on Friday. The company has a market cap of $885.67 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average price of $771.01 and a two-hundred day moving average price of $731.50. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03.

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.