iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Somnio Financial Group LLC

Somnio Financial Group LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 55,424 shares of the company’s stock after selling 282 shares during the quarter. iShares Core S&P 500 ETF makes up about 26.1% of Somnio Financial Group LLC’s investment portfolio, making the stock its largest holding. Somnio Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $31,970,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at $36,000. Thompson Investment Management Inc. acquired a new position in iShares Core S&P 500 ETF during the first quarter worth $37,000. Covestor Ltd raised its holdings in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares in the last quarter. Ables Iannone Moore & Associates Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $44,000. Finally, Richardson Financial Services Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $49,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $570.47 on Friday. The business’s 50-day simple moving average is $556.93 and its 200-day simple moving average is $540.67. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $577.47. The firm has a market cap of $492.26 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.