iShares Core S&P 500 ETF $IVV Shares Sold by Coastline Trust Co

Coastline Trust Co reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 56,833 shares of the ETF’s stock after selling 4,639 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 4.1% of Coastline Trust Co’s investment portfolio, making the stock its 5th largest holding. Coastline Trust Co’s holdings in iShares Core S&P 500 ETF were worth $43,526,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock valued at $30,997,946,000 after acquiring an additional 8,432,228 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock worth $26,225,264,000 after purchasing an additional 421,146 shares during the period. Corient Private Wealth LLC raised its stake in iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Millennium Management LLC lifted its position in iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after purchasing an additional 6,995,145 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,475,084 shares of the ETF’s stock worth $9,229,625,000 after purchasing an additional 34,574 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.1%

iShares Core S&P 500 ETF stock traded down $0.81 during trading hours on Thursday, reaching $765.04. 2,535,654 shares of the stock were exchanged, compared to its average volume of 7,956,301. The stock has a 50 day moving average of $766.63 and a two-hundred day moving average of $737.70. The company has a market cap of $879.49 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09.

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.