iShares Core S&P 500 ETF $IVV Holdings Cut by SSI Investment Management LLC

SSI Investment Management LLC lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 98,100 shares of the company’s stock after selling 955 shares during the period. iShares Core S&P 500 ETF accounts for approximately 4.6% of SSI Investment Management LLC’s investment portfolio, making the stock its biggest holding. SSI Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $67,193,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IVV. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. raised its stake 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 worth $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter worth about $39,000. Finally, Nvwm LLC boosted its position in iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after acquiring an additional 40 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $684.76 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The company has a market capitalization of $752.69 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business’s 50 day moving average price is $690.52 and its two-hundred day moving average price is $673.18.

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.