Argent Advisors Inc. Has $9.94 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Argent Advisors Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 18,158 shares of the company’s stock after selling 326 shares during the period. iShares Core S&P 500 ETF accounts for 3.9% of Argent Advisors Inc.’s holdings, making the stock its 7th largest position. Argent Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $9,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Apollon Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 16.0% in the 4th quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock valued at $44,289,000 after purchasing an additional 12,771 shares during the last quarter. Commerce Bank raised its position in iShares Core S&P 500 ETF by 1.0% in the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after purchasing an additional 2,285 shares during the last quarter. Family Asset Management LLC raised its position in iShares Core S&P 500 ETF by 0.9% in the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock valued at $1,452,000 after purchasing an additional 27 shares during the last quarter. SageView Advisory Group LLC raised its position in iShares Core S&P 500 ETF by 22.2% in the 4th quarter. SageView Advisory Group LLC now owns 39,174 shares of the company’s stock valued at $19,325,000 after purchasing an additional 7,123 shares during the last quarter. Finally, Spire Wealth Management raised its position in iShares Core S&P 500 ETF by 7.0% in the 4th quarter. Spire Wealth Management now owns 290,012 shares of the company’s stock valued at $140,561,000 after purchasing an additional 18,920 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.9 %

IVV traded up $5.23 during trading on Friday, hitting $566.68. The company’s stock had a trading volume of 3,012,637 shares, compared to its average volume of 5,002,234. The firm’s 50 day moving average price is $551.44 and its two-hundred day moving average price is $530.95. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $568.24. The stock has a market capitalization of $488.99 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.