iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Bluestem Financial Advisors LLC

Bluestem Financial Advisors LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 80,416 shares of the company’s stock after selling 2,919 shares during the period. iShares Core S&P 500 ETF comprises approximately 22.2% of Bluestem Financial Advisors LLC’s portfolio, making the stock its biggest position. Bluestem Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $44,006,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Great Lakes Advisors LLC boosted its holdings in iShares Core S&P 500 ETF by 16.3% during the second quarter. Great Lakes Advisors LLC now owns 151,761 shares of the company’s stock worth $83,048,000 after purchasing an additional 21,275 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 25.5% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,401 shares of the company’s stock worth $2,408,000 after buying an additional 893 shares during the last quarter. Intelligence Driven Advisers LLC grew its holdings in shares of iShares Core S&P 500 ETF by 15.4% in the second quarter. Intelligence Driven Advisers LLC now owns 7,709 shares of the company’s stock valued at $4,219,000 after acquiring an additional 1,028 shares in the last quarter. Cahaba Wealth Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 1.5% in the second quarter. Cahaba Wealth Management Inc. now owns 615,248 shares of the company’s stock valued at $336,682,000 after acquiring an additional 8,803 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of iShares Core S&P 500 ETF during the second quarter valued at approximately $1,589,000.

iShares Core S&P 500 ETF Stock Down 1.7 %

IVV stock traded down $9.19 during midday trading on Friday, hitting $543.37. The company’s stock had a trading volume of 3,525,736 shares, compared to its average volume of 5,014,501. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24. The stock has a market cap of $468.87 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average price is $552.50 and its 200 day moving average price is $533.24.

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.