iShares Core S&P 500 ETF $IVV Shares Sold by Strategic Equity Management

Strategic Equity Management lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 54.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,665 shares of the ETF’s stock after selling 1,955 shares during the period. iShares Core S&P 500 ETF comprises approximately 1.1% of Strategic Equity Management’s investment portfolio, making the stock its 19th biggest holding. Strategic Equity Management’s holdings in iShares Core S&P 500 ETF were worth $1,275,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of IVV. Olistico Wealth LLC bought a new position in iShares Core S&P 500 ETF in the third quarter worth approximately $25,000. Sawyer & Company Inc bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $28,000. Punch & Associates Investment Management Inc. raised its position in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter worth $32,000. Finally, Allied Private Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter worth $33,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 2.4%

IVV opened at $756.05 on Tuesday. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $785.03. The business’s fifty day simple moving average is $768.68 and its 200-day simple moving average is $733.63. The company has a market capitalization of $872.75 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.