Allen Capital Group LLC Lowers Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Allen Capital Group LLC lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 8,496 shares of the company’s stock after selling 149 shares during the period. Allen Capital Group LLC’s holdings in iShares Core S&P 500 ETF were worth $4,901,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at about $36,000. Cedar Wealth Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $40,000. Covestor Ltd raised its holdings 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 valued at $42,000 after purchasing an additional 61 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in iShares Core S&P 500 ETF during the third quarter worth about $46,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $596.89 on Friday. iShares Core S&P 500 ETF has a 52-week low of $455.41 and a 52-week high of $603.09. The company has a 50-day simple moving average of $581.64 and a 200 day simple moving average of $557.96. The company has a market capitalization of $515.06 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.