Rhumbline Advisers Sells 25,391 Shares of iShares Core S&P 500 ETF $IVV

Rhumbline Advisers decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 23.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,357 shares of the company’s stock after selling 25,391 shares during the period. Rhumbline Advisers’ holdings in iShares Core S&P 500 ETF were worth $50,515,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $28,000. Nvwm LLC boosted its stake in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares in the last quarter. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at approximately $52,000. Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P 500 ETF during the second quarter worth approximately $61,000. Finally, Rice Partnership LLC raised its stake in shares of iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $672.06 on Tuesday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $693.07. The stock has a market capitalization of $705.33 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average of $672.46 and a 200-day moving average of $640.18.

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.