iShares Core S&P 500 ETF $IVV Stake Reduced by Cim Investment Management Inc.

Cim Investment Management Inc. cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 113,454 shares of the ETF’s stock after selling 11,196 shares during the period. iShares Core S&P 500 ETF accounts for 19.8% of Cim Investment Management Inc.’s holdings, making the stock its biggest position. Cim Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $84,965,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Corient Private Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the period. Capula Management Ltd raised its stake in iShares Core S&P 500 ETF by 1,374.6% in the first quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares Core S&P 500 ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after buying an additional 8,432,228 shares during the last quarter. Millennium Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after acquiring an additional 6,995,145 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its position in shares of iShares Core S&P 500 ETF by 242.8% during the 4th quarter. Allianz Asset Management GmbH now owns 8,324,104 shares of the ETF’s stock worth $5,701,512,000 after acquiring an additional 5,895,837 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV traded down $1.41 during midday trading on Tuesday, hitting $767.52. 5,511,783 shares of the company’s stock were exchanged, compared to its average volume of 7,990,573. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09. The company has a market cap of $874.63 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s fifty day simple moving average is $766.02 and its 200-day simple moving average is $736.40.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.