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

Icon Wealth Advisors LLC trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 15.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 237,176 shares of the company’s stock after selling 43,230 shares during the period. iShares Core S&P 500 ETF accounts for 11.6% of Icon Wealth Advisors LLC’s portfolio, making the stock its largest position. Icon Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $124,691,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IVV. Eukles Asset Management raised its stake 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 valued at $28,000 after buying an additional 33 shares during the last quarter. Burkett Financial Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $31,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the first quarter valued at $37,000. Covestor Ltd grew its stake in iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after purchasing an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $44,000.

iShares Core S&P 500 ETF Stock Down 0.5 %

Shares of IVV stock traded down $2.76 on Tuesday, hitting $545.01. The company had a trading volume of 3,661,737 shares, compared to its average volume of 5,098,789. 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 50-day moving average price of $546.24 and a 200-day moving average price of $522.34. The firm has a market cap of $470.29 billion, a P/E ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.