Madrona Financial Services LLC Has $25.64 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Madrona Financial Services LLC lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,760 shares of the company’s stock after selling 617 shares during the quarter. iShares Core S&P 500 ETF makes up 8.9% of Madrona Financial Services LLC’s investment portfolio, making the stock its 3rd largest position. Madrona Financial Services LLC’s holdings in iShares Core S&P 500 ETF were worth $25,635,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in IVV. Eukles Asset Management raised its holdings in shares of iShares Core S&P 500 ETF by 126.9% in the 4th quarter. Eukles Asset Management now owns 59 shares of the company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. Burkett Financial Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $31,000. Thompson Investment Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $37,000. Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $44,000. Finally, Evolution Advisers Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $48,000.

iShares Core S&P 500 ETF Trading Up 0.4 %

Shares of NYSEARCA IVV opened at $554.33 on Friday. The stock has a market cap of $478.33 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $554.81. The stock’s 50-day moving average is $532.62 and its 200 day moving average is $511.42.

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.