iShares Core S&P 500 ETF $IVV Stock Position Lessened by Summit Financial LLC

Summit Financial LLC lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 230,276 shares of the company’s stock after selling 5,031 shares during the period. iShares Core S&P 500 ETF accounts for approximately 2.3% of Summit Financial LLC’s portfolio, making the stock its 3rd largest holding. Summit Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $157,725,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IVV. Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after acquiring an additional 6,101,936 shares in the last quarter. Allianz Asset Management GmbH lifted its position in shares of iShares Core S&P 500 ETF by 242.8% during the fourth quarter. Allianz Asset Management GmbH now owns 8,324,104 shares of the company’s stock worth $5,701,512,000 after acquiring an additional 5,895,837 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 40.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after acquiring an additional 4,854,227 shares in the last quarter. Eisler Capital Management Ltd. lifted its position in shares of iShares Core S&P 500 ETF by 346.1% during the third quarter. Eisler Capital Management Ltd. now owns 4,963,000 shares of the company’s stock worth $3,305,308,000 after acquiring an additional 3,850,500 shares in the last quarter. Finally, Capula Management Ltd lifted its position in shares of iShares Core S&P 500 ETF by 36.3% during the third quarter. Capula Management Ltd now owns 10,434,370 shares of the company’s stock worth $6,983,724,000 after acquiring an additional 2,776,225 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $745.14 on Friday. The company has a market cap of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s fifty day moving average price is $725.41 and its two-hundred day moving average price is $698.23. iShares Core S&P 500 ETF has a 1 year low of $594.71 and a 1 year high of $764.00.

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.