iShares Core S&P 500 ETF (NYSEARCA:IVV) Stock Position Lowered by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% during the first quarter, HoldingsChannel.com reports. The fund owned 361,284 shares of the company’s stock after selling 7,618 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 7.9% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its 4th biggest holding. Analyst IMS Investment Management Services Ltd.’s holdings in iShares Core S&P 500 ETF were worth $203,005,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. LifeWealth Investments LLC raised its holdings in shares of iShares Core S&P 500 ETF by 57.9% in the first quarter. LifeWealth Investments LLC now owns 1,847 shares of the company’s stock valued at $1,038,000 after acquiring an additional 677 shares in the last quarter. Barrett & Company Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 2.4% in the first quarter. Barrett & Company Inc. now owns 12,331 shares of the company’s stock valued at $6,929,000 after acquiring an additional 286 shares in the last quarter. Dunhill Financial LLC raised its holdings in shares of iShares Core S&P 500 ETF by 118.3% in the first quarter. Dunhill Financial LLC now owns 1,709 shares of the company’s stock valued at $960,000 after acquiring an additional 926 shares in the last quarter. Marino Stram & Associates LLC raised its holdings in shares of iShares Core S&P 500 ETF by 2.2% in the first quarter. Marino Stram & Associates LLC now owns 83,218 shares of the company’s stock valued at $46,760,000 after acquiring an additional 1,820 shares in the last quarter. Finally, PUREfi Wealth LLC raised its holdings in shares of iShares Core S&P 500 ETF by 6.9% in the first quarter. PUREfi Wealth LLC now owns 4,011 shares of the company’s stock valued at $2,254,000 after acquiring an additional 260 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $598.62 on Thursday. The business has a 50-day moving average price of $574.12 and a 200 day moving average price of $583.17. The company has a market capitalization of $587.76 billion, a P/E ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $616.22.

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.