Sheets Smith Wealth Management Decreases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sheets Smith Wealth Management decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,531 shares of the company’s stock after selling 4,464 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 3.6% of Sheets Smith Wealth Management’s investment portfolio, making the stock its 2nd largest position. Sheets Smith Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $29,158,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IVV. Ironwood Wealth Management LLC. increased its holdings in iShares Core S&P 500 ETF by 0.6% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 103,242 shares of the company’s stock worth $56,497,000 after acquiring an additional 574 shares during the last quarter. Fund Evaluation Group LLC grew its holdings in shares of iShares Core S&P 500 ETF by 5.4% during the 2nd quarter. Fund Evaluation Group LLC now owns 1,164,386 shares of the company’s stock worth $637,187,000 after acquiring an additional 59,680 shares during the period. Zurich Insurance Group Ltd FI bought a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth approximately $5,352,000. AQR Capital Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 39.1% in the 2nd quarter. AQR Capital Management LLC now owns 37,457 shares of the company’s stock valued at $20,497,000 after purchasing an additional 10,530 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in iShares Core S&P 500 ETF by 0.8% in the second quarter. Ameriprise Financial Inc. now owns 7,017,271 shares of the company’s stock worth $3,840,931,000 after purchasing an additional 54,693 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $612.70 on Friday. The firm has a market capitalization of $528.70 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $485.19 and a one year high of $612.70. The company’s 50-day simple moving average is $598.56 and its 200 day simple moving average is $577.13.

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.