iShares Core S&P 500 ETF $IVV Stake Decreased by Investment Management Corp of Ontario

Investment Management Corp of Ontario lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 62.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 214,291 shares of the company’s stock after selling 351,653 shares during the quarter. iShares Core S&P 500 ETF accounts for 2.0% of Investment Management Corp of Ontario’s investment portfolio, making the stock its 11th biggest position. Investment Management Corp of Ontario’s holdings in iShares Core S&P 500 ETF were worth $146,776,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Nicollet Investment Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 1.0% during the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after buying an additional 15 shares during the last quarter. Anchor Investment Management LLC raised its holdings in iShares Core S&P 500 ETF by 3.1% during the third quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock worth $337,000 after purchasing an additional 15 shares in the last quarter. Wealth Effects LLC raised its holdings in iShares Core S&P 500 ETF by 0.4% during the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock worth $2,929,000 after purchasing an additional 15 shares in the last quarter. West Wealth Group LLC raised its holdings in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock worth $987,000 after purchasing an additional 15 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management raised its holdings in iShares Core S&P 500 ETF by 2.9% during the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock worth $369,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $742.61 on Thursday. iShares Core S&P 500 ETF has a 12 month low of $594.71 and a 12 month high of $764.00. The stock has a market cap of $820.03 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50 day moving average price is $730.83 and its 200 day moving average price is $699.87.

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. 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.