Shepherd Financial Partners LLC Sells 35,618 Shares of iShares Core S&P 500 ETF $IVV

by · The Cerbat Gem

Shepherd Financial Partners LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 44.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,089 shares of the company’s stock after selling 35,618 shares during the period. iShares Core S&P 500 ETF makes up approximately 3.0% of Shepherd Financial Partners LLC’s portfolio, making the stock its 8th largest position. Shepherd Financial Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $27,996,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in IVV. Heck Capital Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $331,591,000. Bison Wealth LLC increased its holdings in shares of iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after purchasing an additional 1,511 shares in the last quarter. Patton Albertson Miller Group LLC increased its holdings in shares of iShares Core S&P 500 ETF by 42.5% in the 1st quarter. Patton Albertson Miller Group LLC now owns 48,517 shares of the company’s stock valued at $27,262,000 after purchasing an additional 14,465 shares in the last quarter. Fayez Sarofim & Co lifted its stake in shares of iShares Core S&P 500 ETF by 21.4% in the first quarter. Fayez Sarofim & Co now owns 1,514 shares of the company’s stock valued at $851,000 after purchasing an additional 267 shares during the period. Finally, WBH Advisory Inc. boosted its holdings in iShares Core S&P 500 ETF by 5.9% during the first quarter. WBH Advisory Inc. now owns 36,379 shares of the company’s stock worth $20,442,000 after buying an additional 2,028 shares in 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 0.2%

Shares of IVV opened at $689.11 on Friday. The firm’s 50-day moving average is $676.16 and its two-hundred day moving average is $645.48. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $693.07. The firm has a market capitalization of $723.22 billion, a P/E ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

(Free Report)

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.

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