iShares Core S&P 500 ETF $IVV Shares Sold by New Millennium Group LLC

New Millennium Group LLC decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 94.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 576 shares of the company’s stock after selling 10,707 shares during the period. New Millennium Group LLC’s holdings in iShares Core S&P 500 ETF were worth $386,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $331,591,000. Bison Wealth LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after acquiring an additional 1,511 shares during the period. Yousif Capital Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the second quarter worth approximately $202,000. Schnieders Capital Management LLC. grew its position in shares of iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares during the last quarter. Finally, Phoenix Financial Ltd. acquired a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $217,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $687.68 on Friday. The company has a market cap of $755.90 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average price of $690.33 and a 200 day moving average price of $674.42. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97.

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.