B. Riley Wealth Advisors Inc. Trims Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

B. Riley Wealth Advisors Inc. cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 205,338 shares of the company’s stock after selling 7,668 shares during the quarter. iShares Core S&P 500 ETF accounts for 3.3% of B. Riley Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding. B. Riley Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $117,571,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter worth $33,000. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the second quarter worth $36,000. Cedar Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after acquiring an additional 39 shares during the period. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $40,000. Finally, Brooklyn Investment Group purchased a new stake in iShares Core S&P 500 ETF in the third quarter worth $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $607.24 on Friday. The company has a market capitalization of $523.99 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $468.65 and a 1-year high of $612.09. The business has a fifty day moving average price of $592.60 and a 200-day moving average price of $566.66.

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.