Merkkuri Wealth Advisors LLC Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Merkkuri Wealth Advisors LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,361 shares of the company’s stock after selling 772 shares during the period. iShares Core S&P 500 ETF comprises approximately 3.0% of Merkkuri Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Merkkuri Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $3,745,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IVV. Ironwood Wealth Management LLC. grew its stake in iShares Core S&P 500 ETF by 0.6% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 103,242 shares of the company’s stock worth $56,497,000 after acquiring an additional 574 shares in the last quarter. Fund Evaluation Group LLC increased its stake in shares of iShares Core S&P 500 ETF by 5.4% during the second quarter. Fund Evaluation Group LLC now owns 1,164,386 shares of the company’s stock valued at $637,187,000 after buying an additional 59,680 shares during the period. AQR Capital Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 39.1% in the second quarter. AQR Capital Management LLC now owns 37,457 shares of the company’s stock valued at $20,497,000 after acquiring an additional 10,530 shares in the last quarter. Newport Capital Group LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth about $3,234,000. Finally, Gateway Wealth Partners LLC grew its holdings in iShares Core S&P 500 ETF by 6.0% during the 2nd quarter. Gateway Wealth Partners LLC now owns 28,364 shares of the company’s stock worth $15,521,000 after acquiring an additional 1,608 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $602.37 on Tuesday. The company’s 50-day simple moving average is $599.34 and its two-hundred day simple moving average is $577.97. iShares Core S&P 500 ETF has a one year low of $485.19 and a one year high of $613.79. The company has a market capitalization of $519.79 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.