Wealth Alliance Has $57.41 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wealth Alliance trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.2% in the second quarter, HoldingsChannel.com reports. The fund owned 104,913 shares of the company’s stock after selling 10,662 shares during the period. iShares Core S&P 500 ETF makes up 7.4% of Wealth Alliance’s investment portfolio, making the stock its 2nd largest position. Wealth Alliance’s holdings in iShares Core S&P 500 ETF were worth $57,412,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P 500 ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after purchasing an additional 7,615,287 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 21.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $1,128,876,000. Pathstone Holdings LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $1,083,439,000. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 16,180.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,130,469 shares of the company’s stock worth $11,659,000 after buying an additional 2,117,383 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $566.20 on Wednesday. The company’s 50-day moving average is $553.18 and its 200 day moving average is $536.15. The company has a market capitalization of $488.57 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $569.69.

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.