iShares Core S&P 500 ETF (NYSEARCA:IVV) is Avaii Wealth Management LLC’s 2nd Largest Position

Avaii Wealth Management LLC lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.7% in the 1st quarter, HoldingsChannel reports. The fund owned 36,604 shares of the company’s stock after selling 8,397 shares during the period. iShares Core S&P 500 ETF accounts for approximately 11.0% of Avaii Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Avaii Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $20,568,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CRA Financial Services LLC lifted its stake in iShares Core S&P 500 ETF by 2.3% in the first quarter. CRA Financial Services LLC now owns 26,402 shares of the company’s stock worth $14,836,000 after purchasing an additional 591 shares during the last quarter. Pathway Financial Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 15.8% in the first quarter. Pathway Financial Advisors LLC now owns 1,502 shares of the company’s stock worth $844,000 after purchasing an additional 205 shares during the last quarter. Farmers & Merchants Investments Inc. lifted its stake in iShares Core S&P 500 ETF by 1.1% in the first quarter. Farmers & Merchants Investments Inc. now owns 384,487 shares of the company’s stock worth $216,043,000 after purchasing an additional 4,181 shares during the last quarter. Destiny Capital Corp CO lifted its stake in iShares Core S&P 500 ETF by 8.1% in the first quarter. Destiny Capital Corp CO now owns 33,362 shares of the company’s stock worth $18,746,000 after purchasing an additional 2,488 shares during the last quarter. Finally, Matauro LLC lifted its stake in iShares Core S&P 500 ETF by 10.2% in the first quarter. Matauro LLC now owns 992 shares of the company’s stock worth $557,000 after purchasing an additional 92 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $599.79 on Friday. The company has a market cap of $588.90 billion, a P/E ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $616.22. The firm has a 50-day simple moving average of $569.93 and a two-hundred day simple moving average of $583.22.

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.