iShares Core S&P 500 ETF $IVV Stake Trimmed by Simon Quick Advisors LLC

Simon Quick Advisors LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,736 shares of the ETF’s stock after selling 1,295 shares during the quarter. iShares Core S&P 500 ETF accounts for 3.9% of Simon Quick Advisors LLC’s investment portfolio, making the stock its 7th largest position. Simon Quick Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $86,051,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Keenan LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $29,000. GS Investments Inc. grew its stake in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth $38,000. Finally, Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth about $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $746.72 on Friday. The firm has a market capitalization of $879.71 billion, a P/E ratio of 25.10 and a beta of 1.00. The business’s 50-day moving average is $748.30 and its two-hundred day moving average is $709.28. iShares Core S&P 500 ETF has a 1 year low of $622.31 and a 1 year high of $764.00.

iShares Core S&P 500 ETF 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.