Elgethun Capital Management Cuts Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Elgethun Capital Management lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 76.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 616 shares of the company’s stock after selling 1,999 shares during the period. Elgethun Capital Management’s holdings in iShares Core S&P 500 ETF were worth $275,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IVV. PrairieView Partners LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at approximately $25,000. Kozak & Associates Inc. boosted its holdings in iShares Core S&P 500 ETF by 7,000.0% in the 2nd quarter. Kozak & Associates Inc. now owns 71 shares of the company’s stock worth $32,000 after buying an additional 70 shares during the period. Pacific Center for Financial Services boosted its holdings in iShares Core S&P 500 ETF by 134.4% in the 2nd quarter. Pacific Center for Financial Services now owns 75 shares of the company’s stock worth $33,000 after buying an additional 43 shares during the period. Studio Investment Management LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $33,000. Finally, ZRC Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter worth approximately $43,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV traded down $2.25 during trading hours on Tuesday, hitting $454.17. The stock had a trading volume of 721,545 shares, compared to its average volume of 4,214,584. The company has a 50 day simple moving average of $435.13 and a two-hundred day simple moving average of $437.92. iShares Core S&P 500 ETF has a one year low of $376.49 and a one year high of $461.88. The firm has a market capitalization of $351.37 billion, a price-to-earnings ratio of 18.43 and a beta of 1.00.

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.