Van Den Berg Management I Inc. trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 88.5% during the first quarter, Holdings Channel.com reports. The firm owned 116 shares of the ETF’s stock after selling 892 shares during the quarter. Van Den Berg Management I Inc.’s holdings in iShares Core S&P 500 ETF were worth $76,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Keenan LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $29,000. GS Investments Inc. raised its position in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $38,000. Finally, Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $39,000. 70.12% of the stock is currently owned by institutional investors.
iShares Core S&P 500 ETF Price Performance
iShares Core S&P 500 ETF stock opened at $742.36 on Friday. The firm has a 50 day simple moving average of $748.47 and a 200-day simple moving average of $711.34. The stock has a market capitalization of $869.34 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $622.31 and a 12-month high of $764.00.
Trending Headlines about iShares Core S&P 500 ETF
- Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
- Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
- Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
- Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
- Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs
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.
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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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