Hsbc Holdings PLC Has $113.14 Million Stock Position in iShares Core S&P 500 ETF $IVV

Hsbc Holdings PLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 90.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 173,202 shares of the ETF’s stock after selling 1,697,850 shares during the period. Hsbc Holdings PLC’s holdings in iShares Core S&P 500 ETF were worth $113,135,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IVV. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $29,000. GS Investments Inc. lifted its holdings in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at $38,000. Finally, Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the third quarter valued at $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 1.0%

IVV stock opened at $746.72 on Friday. The firm has a market cap of $879.71 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average price of $748.30 and a 200-day moving average price of $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 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.