LGT Financial Advisors LLC Has $2.15 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

LGT Financial Advisors LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,930 shares of the company’s stock after selling 656 shares during the period. iShares Core S&P 500 ETF makes up approximately 4.5% of LGT Financial Advisors LLC’s holdings, making the stock its largest position. LGT Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,152,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Burkett Financial Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $31,000. 1620 Investment Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth approximately $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF in the 1st quarter worth approximately $37,000. Covestor Ltd raised its stake in iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $44,000.

iShares Core S&P 500 ETF Stock Down 0.3 %

iShares Core S&P 500 ETF stock opened at $552.52 on Friday. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $568.24. The company has a market cap of $476.77 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a 50-day simple moving average of $552.58 and a two-hundred day simple moving average of $532.95.

iShares Core S&P 500 ETF Company 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.