Rehmann Capital Advisory Group Sells 3,013 Shares of iShares Core S&P 500 ETF $IVV

Rehmann Capital Advisory Group cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 58,682 shares of the company’s stock after selling 3,013 shares during the quarter. iShares Core S&P 500 ETF accounts for about 2.1% of Rehmann Capital Advisory Group’s portfolio, making the stock its 7th biggest position. Rehmann Capital Advisory Group’s holdings in iShares Core S&P 500 ETF were worth $40,194,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IVV. Heck Capital Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $331,591,000. Bison Wealth LLC increased 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 buying an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after acquiring an additional 45 shares during the last quarter. First Trust Advisors LP lifted its position in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after acquiring an additional 97 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV opened at $750.11 on Friday. The firm has a market cap of $828.31 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $734.01 and a 200-day simple moving average of $700.66. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00.

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.