Northeast Investment Management Sells 717 Shares of iShares Core S&P 500 ETF $IVV

Northeast Investment Management trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 6,826 shares of the company’s stock after selling 717 shares during the period. Northeast Investment Management’s holdings in iShares Core S&P 500 ETF were worth $4,459,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Heck Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $331,591,000. Bison Wealth LLC boosted its holdings 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 purchasing an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings 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 purchasing an additional 45 shares during the last quarter. First Trust Advisors LP grew its position in iShares Core S&P 500 ETF by 43.1% in the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after purchasing an additional 2,105 shares during the period. Finally, Sei Investments Co. grew its position in iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after purchasing an additional 97 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.9%

Shares of IVV opened at $730.17 on Friday. The firm has a fifty day simple moving average of $738.65 and a two-hundred day simple moving average of $702.45. The firm has a market cap of $806.29 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $613.79 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.