iShares Core S&P 500 ETF $IVV Shares Sold by Cassia Capital Partners LLC

Cassia Capital Partners LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 10,012 shares of the company’s stock after selling 4,559 shares during the period. iShares Core S&P 500 ETF makes up 3.4% of Cassia Capital Partners LLC’s holdings, making the stock its 10th biggest holding. Cassia Capital Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $6,540,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. GS Investments Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $39,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $748.43 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $620.85 and a fifty-two week high of $764.00. The business has a 50 day moving average price of $742.39 and a two-hundred day moving average price of $704.53. The firm has a market cap of $887.34 billion, a PE 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. 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.