iShares Core S&P 500 ETF $IVV Shares Sold by Potentia Wealth

Potentia Wealth cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 40.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,242 shares of the company’s stock after selling 2,876 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.1% of Potentia Wealth’s holdings, making the stock its 17th biggest position. Potentia Wealth’s holdings in iShares Core S&P 500 ETF were worth $2,906,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IVV. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth $331,591,000. Bison Wealth LLC raised its position in iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. raised its position in iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares in the last quarter. First Trust Advisors LP raised its position in iShares Core S&P 500 ETF by 43.1% in the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. raised its position in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after acquiring an additional 97 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $745.14 on Monday. The stock has a fifty day moving average price of $725.41 and a two-hundred day moving average price of $698.42. The stock has a market capitalization of $822.82 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. 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.