University of Texas Texas AM Investment Management Co. Trims Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

University of Texas Texas AM Investment Management Co. lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 98.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,069 shares of the company’s stock after selling 421,693 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 0.8% of University of Texas Texas AM Investment Management Co.’s holdings, making the stock its 28th biggest holding. University of Texas Texas AM Investment Management Co.’s holdings in iShares Core S&P 500 ETF were worth $4,534,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Heck Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $331,591,000. Sei Investments Co. increased its position in iShares Core S&P 500 ETF by 1.0% during the 4th quarter. Sei Investments Co. now owns 7,393 shares of the company’s stock worth $4,352,000 after purchasing an additional 76 shares in the last quarter. Vanguard Group Inc. raised its holdings in iShares Core S&P 500 ETF by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 29,048 shares of the company’s stock valued at $17,100,000 after buying an additional 804 shares during the period. Loomis Sayles & Co. L P lifted its position in iShares Core S&P 500 ETF by 190.9% during the fourth quarter. Loomis Sayles & Co. L P now owns 320 shares of the company’s stock valued at $188,000 after buying an additional 210 shares in the last quarter. Finally, Pictet Asset Management Holding SA purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $75,817,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of NYSEARCA IVV opened at $640.06 on Monday. The stock has a fifty day moving average price of $610.58 and a 200 day moving average price of $587.28. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $640.64. The company has a market cap of $644.96 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.