iShares Core S&P 500 ETF $IVV Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 80.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 511,779 shares of the company’s stock after selling 2,077,859 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.3% of Teacher Retirement System of Texas’ investment portfolio, making the stock its 10th largest holding. Teacher Retirement System of Texas’ holdings in iShares Core S&P 500 ETF were worth $317,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in IVV. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter valued at about $28,000. Lord & Richards Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter valued at about $31,000. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter valued at about $52,000. Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Finally, Rice Partnership LLC grew its position in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 1.2%

Shares of IVV opened at $688.60 on Tuesday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $688.91. The firm has a market capitalization of $722.69 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average price of $661.73 and a 200 day moving average price of $621.26.

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.