Genesis Wealth Advisors LLC Sells 118 Shares of iShares Core S&P 500 ETF $IVV

Genesis Wealth Advisors LLC trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,815 shares of the company’s stock after selling 118 shares during the period. iShares Core S&P 500 ETF makes up about 6.4% of Genesis Wealth Advisors LLC’s portfolio, making the stock its 3rd largest holding. Genesis Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $8,578,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Flaharty Asset Management LLC bought a new stake in iShares Core S&P 500 ETF during the first quarter worth approximately $28,000. Lord & Richards Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at $31,000. Marquette Asset Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 51.9% during the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after acquiring an additional 27 shares during the last quarter. Cheviot Value Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter worth $52,000. Finally, Inlight Wealth Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth $60,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.5%

Shares of IVV opened at $661.22 on Friday. The business’s 50-day moving average price is $647.07 and its 200 day moving average price is $602.31. The stock has a market capitalization of $666.05 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $670.55.

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.