iShares Core S&P 500 ETF (NYSEARCA:IVV) is Bluestem Financial Advisors LLC’s Largest Position

Bluestem Financial Advisors LLC lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,416 shares of the company’s stock after selling 2,919 shares during the period. iShares Core S&P 500 ETF accounts for 22.2% of Bluestem Financial Advisors LLC’s investment portfolio, making the stock its largest position. Bluestem Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $44,006,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Burkett Financial Services LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $31,000. 1620 Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter worth approximately $37,000. Covestor Ltd boosted its holdings in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after purchasing an additional 61 shares during the period. Finally, Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $44,000.

iShares Core S&P 500 ETF Stock Down 1.7 %

Shares of IVV stock traded down $9.19 on Friday, reaching $543.37. The company’s stock had a trading volume of 3,525,736 shares, compared to its average volume of 5,014,501. The company has a market capitalization of $468.87 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $568.24. The stock’s 50 day simple moving average is $552.50 and its 200-day simple moving average is $533.24.

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.