Boston Research & Management Inc. Sells 836 Shares of iShares Core S&P 500 ETF $IVV

Boston Research & Management Inc. lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,623 shares of the company’s stock after selling 836 shares during the quarter. iShares Core S&P 500 ETF makes up about 4.4% of Boston Research & Management Inc.’s holdings, making the stock its 2nd largest holding. Boston Research & Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $18,393,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter valued at $28,000. Nvwm LLC grew its holdings in shares of iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $52,000. Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the second quarter worth about $61,000. Finally, Rice Partnership LLC boosted its position in iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 1.0%

Shares of NYSEARCA IVV opened at $662.28 on Friday. The stock has a market cap of $695.06 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07. The company has a 50-day moving average of $672.31 and a 200 day moving average of $638.91.

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.