Islay Capital Management LLC Sells 715 Shares of iShares Core S&P 500 ETF $IVV

Islay Capital Management LLC cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 26.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,026 shares of the company’s stock after selling 715 shares during the period. Islay Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,388,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $29,000. GS Investments Inc. grew its position 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 valued at $30,000 after acquiring an additional 20 shares during the period. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $38,000. Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at $39,000. Finally, Dorato Capital Management bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $756.35 on Tuesday. The business’s fifty day moving average price is $727.36 and its two-hundred day moving average price is $698.97. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The stock has a market capitalization of $835.20 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.