RW Investment Management LLC Lowers Stock Holdings in iShares Core S&P 500 ETF $IVV

RW Investment Management LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 32.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 900 shares of the company’s stock after selling 426 shares during the quarter. RW Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $506,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IVV. Heck Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $331,591,000. Summit Investment Advisors Inc. grew its holdings in iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Summit Investment Advisors Inc. now owns 108,236 shares of the company’s stock worth $63,716,000 after acquiring an additional 1,320 shares during the period. Capital International Investors grew its holdings in iShares Core S&P 500 ETF by 23.7% during the fourth quarter. Capital International Investors now owns 1,053 shares of the company’s stock worth $622,000 after acquiring an additional 202 shares during the period. First Trust Advisors LP acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $12,942,000. Finally, Mesirow Institutional Investment Management Inc. grew its holdings in iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Mesirow Institutional Investment Management Inc. now owns 4,551 shares of the company’s stock valued at $2,679,000 after purchasing an additional 17 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $646.67 on Monday. The firm has a market capitalization of $651.39 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $649.31. The stock’s fifty day moving average is $624.42 and its two-hundred day moving average is $591.31.

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.