Riverbridge Partners LLC Decreases Holdings in iShares Core S&P 500 ETF $IVV

Riverbridge Partners LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 80.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,347 shares of the company’s stock after selling 68,577 shares during the period. Riverbridge Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $10,678,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IVV. Richards Merrill & Peterson Inc. boosted its position in shares of iShares Core S&P 500 ETF by 2.8% in the first quarter. Richards Merrill & Peterson Inc. now owns 556 shares of the company’s stock worth $363,000 after buying an additional 15 shares during the period. Amarillo National Bank raised its holdings in shares of iShares Core S&P 500 ETF by 1.3% during the 1st quarter. Amarillo National Bank now owns 127,455 shares of the company’s stock valued at $83,255,000 after buying an additional 1,640 shares during the period. Presilium Private Wealth LLC lifted its position in iShares Core S&P 500 ETF by 38.8% during the 1st quarter. Presilium Private Wealth LLC now owns 734 shares of the company’s stock worth $480,000 after acquiring an additional 205 shares in the last quarter. Steph & Co. lifted its position in iShares Core S&P 500 ETF by 14.0% during the 1st quarter. Steph & Co. now owns 11,591 shares of the company’s stock worth $7,571,000 after acquiring an additional 1,427 shares in the last quarter. Finally, HHM Wealth Advisors LLC boosted its holdings in iShares Core S&P 500 ETF by 38.1% in the 1st quarter. HHM Wealth Advisors LLC now owns 4,741 shares of the company’s stock worth $3,097,000 after acquiring an additional 1,309 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.1%

Shares of NYSEARCA:IVV opened at $736.66 on Thursday. iShares Core S&P 500 ETF has a 52-week low of $608.45 and a 52-week high of $764.00. The company has a 50 day moving average of $737.34 and a two-hundred day moving average of $701.92. The company has a market capitalization of $813.46 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

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.