Enzi Wealth Cuts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Enzi Wealth cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,868 shares of the company’s stock after selling 1,140 shares during the quarter. iShares Core S&P 500 ETF comprises about 15.0% of Enzi Wealth’s holdings, making the stock its 2nd biggest holding. Enzi Wealth’s holdings in iShares Core S&P 500 ETF were worth $33,950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Burkett Financial Services LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $31,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the first quarter worth about $37,000. Covestor Ltd increased its stake in shares of iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after purchasing an additional 61 shares in the last quarter. Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $44,000. Finally, Evolution Advisers Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $48,000.

iShares Core S&P 500 ETF Price Performance

IVV stock traded down $0.84 on Tuesday, reaching $561.77. 2,862,200 shares of the company traded hands, compared to its average volume of 5,084,466. The firm has a fifty day simple moving average of $548.68 and a 200-day simple moving average of $527.81. The company has a market cap of $484.75 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 $411.02 and a one year high of $568.24.

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.