Arkansas Financial Group Inc. Has $37.12 Million Stake in iShares Core S&P 500 ETF $IVV

Arkansas Financial Group Inc. lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,556 shares of the company’s stock after selling 565 shares during the period. iShares Core S&P 500 ETF comprises about 5.7% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 4th biggest holding. Arkansas Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $37,123,000 at the end of the most recent reporting period.

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

iShares Core S&P 500 ETF Stock Up 0.6%

Shares of NYSEARCA IVV opened at $664.89 on Friday. The firm has a market cap of $669.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $670.55. The business’s 50 day moving average is $647.76 and its two-hundred day moving average is $603.33.

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.