Sei Investments Co. Lowers Stock Position in iShares Core S&P 500 ETF $IVV

Sei Investments Co. lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 80.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,541 shares of the ETF’s stock after selling 38,868 shares during the period. Sei Investments Co.’s holdings in iShares Core S&P 500 ETF were worth $6,232,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IVV. Corient Private Wealth LLC boosted its stake in iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares in the last quarter. Schonfeld Strategic Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 3,927.5% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock valued at $5,590,424,000 after purchasing an additional 7,959,263 shares during the last quarter. Millennium Management LLC increased its position in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after purchasing an additional 6,995,145 shares during the last quarter. Walleye Capital LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $4,531,611,000. Finally, Marshall Wace LLP boosted its holdings in shares of iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the ETF’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 1.5%

Shares of NYSEARCA IVV opened at $761.32 on Tuesday. The firm has a 50 day moving average of $748.63 and a 200 day moving average of $713.63. The firm has a market capitalization of $886.06 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $628.59 and a 12-month high of $764.00.

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.