GM Advisory Group LLC Sells 595 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

GM Advisory Group LLC lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,777 shares of the company’s stock after selling 595 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $6,992,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVV. Burkett Financial Services LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $31,000. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the second quarter worth approximately $36,000. Thompson Investment Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the first quarter worth approximately $37,000. Covestor Ltd raised its stake in iShares Core S&P 500 ETF by 321.1% in 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. Finally, Ables Iannone Moore & Associates Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $44,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $574.12 on Friday. The company’s fifty day moving average price is $553.47 and its 200-day moving average price is $536.61. The firm has a market capitalization of $495.41 billion, a price-to-earnings 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 $576.10.

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.