Sachem Hill LLC Has $38.02 Million Stock Position in iShares Core S&P 500 ETF $IVV

Sachem Hill LLC trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,807 shares of the company’s stock after selling 2,078 shares during the period. iShares Core S&P 500 ETF accounts for about 7.6% of Sachem Hill LLC’s investment portfolio, making the stock its 3rd largest position. Sachem Hill LLC’s holdings in iShares Core S&P 500 ETF were worth $38,021,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Falcon Wealth Planning raised its position in shares of iShares Core S&P 500 ETF by 0.4% in the third quarter. Falcon Wealth Planning now owns 4,141 shares of the company’s stock valued at $2,771,000 after purchasing an additional 15 shares during the period. Atwood & Palmer Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 0.9% during the 3rd quarter. Atwood & Palmer Inc. now owns 1,775 shares of the company’s stock worth $1,188,000 after buying an additional 15 shares during the period. Cathy Pareto & Associates Inc. grew its stake in iShares Core S&P 500 ETF by 2.7% in the 3rd quarter. Cathy Pareto & Associates Inc. now owns 578 shares of the company’s stock valued at $387,000 after buying an additional 15 shares during the last quarter. Balanced Wealth Group LLC raised its holdings in iShares Core S&P 500 ETF by 0.8% in the 3rd quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock worth $1,196,000 after acquiring an additional 15 shares during the period. Finally, Johnson Bixby & Associates LLC lifted its position in iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock worth $871,000 after acquiring an additional 16 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $680.60 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $699.17. The company has a 50-day moving average of $684.94 and a two-hundred day moving average of $665.66. The stock has a market capitalization of $750.26 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.