Connecticut Wealth Management LLC Cuts Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Connecticut Wealth Management LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,890 shares of the company’s stock after selling 477 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $10,337,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Burkett Financial Services LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $31,000. 1620 Investment Advisors Inc. acquired a new position in iShares Core S&P 500 ETF during the 2nd quarter worth $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter worth about $37,000. Covestor Ltd raised its position in iShares Core S&P 500 ETF by 321.1% in the 1st 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. purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $44,000.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $572.99 on Friday. The business has a 50-day simple moving average of $553.67 and a 200-day simple moving average of $537.01. The company has a market cap of $494.43 billion, a PE 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 Company 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.