Spectrum Strategic Capital Management LLC Sells 4,089 Shares of iShares Core S&P 500 ETF $IVV

Spectrum Strategic Capital Management LLC reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 33.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,079 shares of the company’s stock after selling 4,089 shares during the period. iShares Core S&P 500 ETF accounts for about 2.9% of Spectrum Strategic Capital Management LLC’s portfolio, making the stock its 12th largest holding. Spectrum Strategic Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $5,534,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $29,000. Palouse Capital Management Inc. acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $38,000. Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $39,000. Dorato Capital Management acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $55,000. Finally, EQ Wealth Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $55,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $742.45 on Monday. iShares Core S&P 500 ETF has a 1 year low of $578.31 and a 1 year high of $753.02. The firm’s fifty day moving average price is $691.05 and its two-hundred day moving average price is $688.30. The firm has a market capitalization of $819.85 billion, a P/E 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.