Avidian Wealth Solutions LLC Reduces Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Avidian Wealth Solutions LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 476,910 shares of the company’s stock after selling 9,079 shares during the period. iShares Core S&P 500 ETF accounts for about 12.2% of Avidian Wealth Solutions LLC’s holdings, making the stock its biggest position. Avidian Wealth Solutions LLC owned approximately 0.06% of iShares Core S&P 500 ETF worth $250,726,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Eukles Asset Management raised its position in iShares Core S&P 500 ETF by 126.9% in the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after acquiring an additional 33 shares during the period. Burkett Financial Services LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $31,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF in the first quarter worth about $37,000. Ables Iannone Moore & Associates Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $44,000. Finally, Evolution Advisers Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $48,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded up $5.35 during trading hours on Wednesday, hitting $564.28. The company’s stock had a trading volume of 2,122,391 shares, compared to its average volume of 5,290,723. The company has a market cap of $486.92 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a 50 day simple moving average of $536.53 and a two-hundred day simple moving average of $513.99. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $564.71.

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.