Mach 1 Financial Group LLC Reduces Stock Position in iShares Core S&P 500 ETF $IVV

Mach 1 Financial Group LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 97.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 376 shares of the company’s stock after selling 14,093 shares during the period. Mach 1 Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $258,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IVV. Heck Capital Advisors LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $331,591,000. Bison Wealth LLC raised its stake in iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after buying an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after buying an additional 45 shares in the last quarter. First Trust Advisors LP raised its stake in iShares Core S&P 500 ETF by 43.1% in the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after buying an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. raised its stake in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after buying an additional 97 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $749.14 on Friday. iShares Core S&P 500 ETF has a 1 year low of $578.31 and a 1 year high of $753.02. The company has a market cap of $827.24 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average of $697.42 and a 200 day moving average of $690.27.

About iShares Core S&P 500 ETF

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.