Avondale Wealth Management Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Avondale Wealth Management lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,658 shares of the company’s stock after selling 1,893 shares during the quarter. iShares Core S&P 500 ETF accounts for about 21.6% of Avondale Wealth Management’s portfolio, making the stock its largest position. Avondale Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $25,699,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IVV. Ironwood Wealth Management LLC. raised its holdings in shares of iShares Core S&P 500 ETF by 6.1% in the first quarter. Ironwood Wealth Management LLC. now owns 77,088 shares of the company’s stock worth $34,974,000 after buying an additional 4,405 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in iShares Core S&P 500 ETF by 5.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 895,194 shares of the company’s stock worth $406,141,000 after buying an additional 42,292 shares during the period. Roundview Capital LLC lifted its holdings in iShares Core S&P 500 ETF by 7.3% during the 1st quarter. Roundview Capital LLC now owns 10,642 shares of the company’s stock valued at $4,828,000 after buying an additional 728 shares in the last quarter. Great West Life Assurance Co. Can increased its position in shares of iShares Core S&P 500 ETF by 247.7% during the first quarter. Great West Life Assurance Co. Can now owns 911 shares of the company’s stock worth $423,000 after acquiring an additional 649 shares during the period. Finally, Laurel Wealth Advisors Inc. raised its position in iShares Core S&P 500 ETF by 27.1% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 16,516 shares of the company’s stock valued at $7,493,000 after purchasing an additional 3,523 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $452.88 on Friday. iShares Core S&P 500 ETF has a 1-year low of $349.53 and a 1-year high of $461.88. The company has a 50-day moving average of $449.68 and a 200 day moving average of $427.82. The firm has a market cap of $350.37 billion, a PE 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.