iShares Core S&P 500 ETF $IVV Stock: Sage Advisory Services Ltd.Co. Lowers Holdings

Sage Advisory Services Ltd.Co. reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,668 shares of the ETF’s stock after selling 3,000 shares during the period. iShares Core S&P 500 ETF makes up about 15.5% of Sage Advisory Services Ltd.Co.’s investment portfolio, making the stock its biggest holding. Sage Advisory Services Ltd.Co.’s holdings in iShares Core S&P 500 ETF were worth $28,848,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in IVV. Pinnacle Financial Group LLC IL boosted its stake in shares of iShares Core S&P 500 ETF by 38.9% in the third quarter. Pinnacle Financial Group LLC IL now owns 796 shares of the ETF’s stock valued at $609,000 after purchasing an additional 223 shares during the period. Dala Group LLC purchased a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth $220,000. Virtue Capital Management LLC increased its stake in iShares Core S&P 500 ETF by 9.7% during the 3rd quarter. Virtue Capital Management LLC now owns 1,196 shares of the ETF’s stock worth $916,000 after buying an additional 106 shares during the period. DecisionMap Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 3.7% in the 3rd quarter. DecisionMap Wealth Management LLC now owns 22,377 shares of the ETF’s stock worth $17,137,000 after buying an additional 808 shares in the last quarter. Finally, Columbia Bank lifted its holdings in iShares Core S&P 500 ETF by 0.6% in the 3rd quarter. Columbia Bank now owns 17,191 shares of the ETF’s stock worth $13,166,000 after buying an additional 111 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $755.36 on Tuesday. The firm has a 50-day moving average of $770.58 and a two-hundred day moving average of $732.10. The stock has a market cap of $866.10 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03.

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.