Crown Wealth Group LLC Cuts Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Crown Wealth Group LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,368 shares of the company’s stock after selling 191 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.5% of Crown Wealth Group LLC’s holdings, making the stock its 16th biggest holding. Crown Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $2,938,000 at the end of the most recent reporting period.

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

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV traded down $3.30 during midday trading on Wednesday, hitting $561.36. 2,825,563 shares of the company’s stock traded hands, compared to its average volume of 5,029,208. The firm’s fifty day moving average price is $550.93 and its two-hundred day moving average price is $530.52. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $568.24. The company has a market cap of $484.40 billion, a PE ratio of 25.23 and a beta of 0.99.

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.