USS Investment Management Ltd cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 62.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 373,967 shares of the company’s stock after selling 624,548 shares during the period. iShares Core S&P 500 ETF makes up 1.3% of USS Investment Management Ltd’s portfolio, making the stock its 11th largest position. USS Investment Management Ltd’s holdings in iShares Core S&P 500 ETF were worth $256,126,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $29,000. GS Investments Inc. grew its holdings in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter worth about $39,000. Finally, Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Performance
Shares of NYSEARCA IVV opened at $756.35 on Tuesday. iShares Core S&P 500 ETF has a 52-week low of $594.71 and a 52-week high of $764.00. The company has a market cap of $835.20 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average price is $727.36 and its 200-day moving average price is $698.97.
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.
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