iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Topel & Distasi Wealth Management LLC

Topel & Distasi Wealth Management LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 4,891 shares of the company’s stock after selling 409 shares during the period. iShares Core S&P 500 ETF accounts for 1.3% of Topel & Distasi Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Topel & Distasi Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,748,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in IVV. Envestnet Asset Management Inc. grew its position in shares of iShares Core S&P 500 ETF by 6.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after buying an additional 2,160,133 shares during the last quarter. Marshall Wace LLP grew its position in shares of iShares Core S&P 500 ETF by 1.9% in the 4th quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock valued at $13,896,969,000 after buying an additional 446,000 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 1.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after buying an additional 146,638 shares during the last quarter. First Command Advisory Services Inc. grew its position in shares of iShares Core S&P 500 ETF by 12.1% in the 1st quarter. First Command Advisory Services Inc. now owns 9,941,646 shares of the company’s stock valued at $5,586,986,000 after buying an additional 1,070,974 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of iShares Core S&P 500 ETF by 18.4% in the 4th quarter. Ameriprise Financial Inc. now owns 8,097,168 shares of the company’s stock valued at $4,766,927,000 after buying an additional 1,258,751 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $634.17 on Tuesday. The stock has a market cap of $639.02 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a fifty day moving average price of $616.20 and a 200 day moving average price of $589.15. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $642.94.

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.