iShares Core S&P 500 ETF (NYSEARCA:IVV) Stock Position Lessened by PKO Investment Management Joint Stock Co

PKO Investment Management Joint Stock Co trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 41.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,503 shares of the company’s stock after selling 146,028 shares during the period. iShares Core S&P 500 ETF comprises approximately 13.0% of PKO Investment Management Joint Stock Co’s holdings, making the stock its biggest holding. PKO Investment Management Joint Stock Co’s holdings in iShares Core S&P 500 ETF were worth $114,910,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IVV. Windsor Advisory Group LLC grew its holdings in iShares Core S&P 500 ETF by 100.0% during the 4th quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after buying an additional 25 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $30,000. Sellwood Investment Partners LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $32,000. Investment Counsel Co. of Nevada acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $33,000. Finally, Advantage Trust Co purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $36,000.

iShares Core S&P 500 ETF Trading Up 0.7%

Shares of IVV stock opened at $603.76 on Tuesday. The company has a market capitalization of $592.80 billion, a price-to-earnings ratio of 25.71 and a beta of 1.01. The firm has a 50-day moving average price of $572.03 and a 200 day moving average price of $582.95. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $616.22.

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.