New York Life Investment Management LLC Reduces Stake in iShares Core S&P 500 ETF $IVV

New York Life Investment Management LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 53.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,124 shares of the company’s stock after selling 12,730 shares during the period. New York Life Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $7,445,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IVV. Nvwm LLC lifted its position in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the last quarter. Winnow Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $61,000. Conquis Financial LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $82,000. Your Advocates Ltd. LLP raised its stake in iShares Core S&P 500 ETF by 51.6% during the 2nd quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock worth $86,000 after acquiring an additional 47 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter valued at $92,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $695.15 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97. The company has a market capitalization of $764.11 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average of $690.52 and a two-hundred day moving average of $672.39.

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.