iShares Core S&P 500 ETF (IVV) Shares Sold by Watermark Asset Management Inc.

Watermark Asset Management Inc. trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 158,507 shares of the company’s stock after selling 3,994 shares during the quarter. iShares Core S&P 500 ETF comprises about 18.5% of Watermark Asset Management Inc.’s holdings, making the stock its biggest holding. Watermark Asset Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $39,882,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Highland Associates Inc. acquired a new stake in iShares Core S&P 500 ETF in the third quarter worth about $485,405,000. FMR LLC increased its position in iShares Core S&P 500 ETF by 19.7% in the second quarter. FMR LLC now owns 8,845,317 shares of the company’s stock worth $2,415,213,000 after purchasing an additional 1,453,780 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 8.6% in the third quarter. Envestnet Asset Management Inc. now owns 16,882,577 shares of the company’s stock worth $4,942,037,000 after purchasing an additional 1,340,663 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P 500 ETF by 10.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,954,449 shares of the company’s stock worth $3,499,811,000 after purchasing an additional 1,175,700 shares during the period. Finally, Allianz Asset Management GmbH increased its position in iShares Core S&P 500 ETF by 27.7% in the third quarter. Allianz Asset Management GmbH now owns 5,005,358 shares of the company’s stock worth $1,465,218,000 after purchasing an additional 1,086,400 shares during the period.

Shares of IVV stock opened at $260.37 on Monday. iShares Core S&P 500 ETF has a 12 month low of $235.46 and a 12 month high of $296.69.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 4th. Investors of record on Monday, December 31st were given a $0.3223 dividend. The ex-dividend date of this dividend was Friday, December 28th. This represents a $1.29 dividend on an annualized basis and a yield of 0.50%.

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iShares Core S&P 500 ETF Company 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.

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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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