Grimes & Company Inc. Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Grimes & Company Inc. decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 221,930 shares of the company’s stock after selling 18,446 shares during the quarter. iShares Core S&P 500 ETF comprises about 3.9% of Grimes & Company Inc.’s investment portfolio, making the stock its 6th largest position. Grimes & Company Inc.’s holdings in iShares Core S&P 500 ETF were worth $124,702,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IVV. Mesirow Institutional Investment Management Inc. lifted its stake in iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Mesirow Institutional Investment Management Inc. now owns 4,551 shares of the company’s stock valued at $2,679,000 after buying an additional 17 shares during the last quarter. Everhart Financial Group Inc. raised its stake in shares of iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Everhart Financial Group Inc. now owns 5,177 shares of the company’s stock valued at $3,047,000 after purchasing an additional 18 shares in the last quarter. Global Strategic Investment Solutions LLC raised its stake in shares of iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,242 shares of the company’s stock valued at $3,086,000 after purchasing an additional 18 shares in the last quarter. D L Carlson Investment Group Inc. raised its stake in shares of iShares Core S&P 500 ETF by 1.6% during the fourth quarter. D L Carlson Investment Group Inc. now owns 1,239 shares of the company’s stock valued at $729,000 after purchasing an additional 19 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. raised its stake in shares of iShares Core S&P 500 ETF by 0.3% during the first quarter. Foresight Capital Management Advisors Inc. now owns 7,048 shares of the company’s stock valued at $3,960,000 after purchasing an additional 19 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.7%

Shares of NYSEARCA IVV opened at $603.76 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $616.22. The firm’s 50-day simple moving average is $572.03 and its 200 day simple moving average is $582.95. The stock has a market cap of $592.80 billion, a P/E ratio of 25.71 and a beta of 1.01.

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.