Regal Investment Advisors LLC Sells 3,628 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Regal Investment Advisors LLC lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% in the second quarter, HoldingsChannel reports. The firm owned 139,410 shares of the company’s stock after selling 3,628 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 5.0% of Regal Investment Advisors LLC’s holdings, making the stock its biggest holding. Regal Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $76,289,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in IVV. 1620 Investment Advisors Inc. purchased a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $36,000. Thompson Investment Management Inc. purchased a new position in iShares Core S&P 500 ETF in the 1st quarter valued at approximately $37,000. Covestor Ltd boosted its position 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 buying an additional 61 shares during the period. Ables Iannone Moore & Associates Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $44,000. Finally, Richardson Financial Services Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $49,000.

iShares Core S&P 500 ETF Trading Down 0.2 %

iShares Core S&P 500 ETF stock opened at $574.07 on Monday. The stock has a market cap of $495.37 billion, a P/E ratio of 25.23 and a beta of 0.99. The company has a fifty day simple moving average of $555.13 and a 200-day simple moving average of $539.42. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $577.47.

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.