Lane Brothers & Co. Inc. Lowers Position in iShares Core S&P 500 ETF $IVV

Lane Brothers & Co. Inc. lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.8% during the first quarter, Holdings Channel reports. The institutional investor owned 9,587 shares of the ETF’s stock after selling 813 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 4.6% of Lane Brothers & Co. Inc.’s investment portfolio, making the stock its 7th largest holding. Lane Brothers & Co. Inc.’s holdings in iShares Core S&P 500 ETF were worth $6,262,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IVV. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth $331,591,000. Bison Wealth LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock valued at $4,591,000 after purchasing an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock valued at $3,512,000 after purchasing an additional 45 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock valued at $4,340,000 after purchasing an additional 2,105 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock worth $5,250,000 after purchasing an additional 97 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $758.39 on Thursday. iShares Core S&P 500 ETF has a 1-year low of $621.05 and a 1-year high of $764.00. The stock’s fifty day moving average price is $747.80 and its 200 day moving average price is $708.58. The company has a market cap of $894.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.