Crescent Grove Advisors LLC Sells 2,763 Shares of iShares Core S&P 500 ETF $IVV

Crescent Grove Advisors LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 97,750 shares of the ETF’s stock after selling 2,763 shares during the quarter. iShares Core S&P 500 ETF accounts for about 6.1% of Crescent Grove Advisors LLC’s holdings, making the stock its biggest position. Crescent Grove Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $63,852,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVV. Keenan LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. GS Investments Inc. increased its position in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after acquiring an additional 20 shares during the period. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $38,000. Finally, Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $39,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $746.72 on Friday. The company has a market capitalization of $879.71 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average price of $748.30 and a 200-day moving average price of $709.28. iShares Core S&P 500 ETF has a 52-week low of $622.31 and a 52-week high of $764.00.

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.