iShares Core S&P 500 ETF $IVV Position Trimmed by Municipal Employees Retirement System of Michigan

Municipal Employees Retirement System of Michigan lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,381,225 shares of the company’s stock after selling 100,437 shares during the period. iShares Core S&P 500 ETF makes up about 10.7% of Municipal Employees Retirement System of Michigan’s portfolio, making the stock its 3rd biggest position. Municipal Employees Retirement System of Michigan’s holdings in iShares Core S&P 500 ETF were worth $946,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of IVV. Delta Financial Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 36.0% in the 4th quarter. Delta Financial Advisors LLC now owns 944 shares of the company’s stock valued at $646,000 after acquiring an additional 250 shares during the last quarter. Teramo Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 39.9% in the 4th quarter. Teramo Advisors LLC now owns 210,500 shares of the company’s stock valued at $144,180,000 after acquiring an additional 60,000 shares during the last quarter. Americana Partners LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 18.1% in the 4th quarter. Americana Partners LLC now owns 7,836 shares of the company’s stock valued at $5,367,000 after acquiring an additional 1,201 shares during the last quarter. Nixon Peabody Trust Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 13.5% in the 4th quarter. Nixon Peabody Trust Co. now owns 64,745 shares of the company’s stock valued at $44,346,000 after acquiring an additional 7,721 shares during the last quarter. Finally, Bristol Gate Capital Partners Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $294,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $749.14 on Friday. The firm’s fifty day simple moving average is $697.42 and its 200-day simple moving average is $690.27. The company has a market capitalization of $827.24 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $578.31 and a 12 month high of $753.02.

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.