Clarkston Capital Partners LLC Reduces Stock Position in iShares Core S&P 500 ETF $IVV

Clarkston Capital Partners LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,238 shares of the ETF’s stock after selling 1,907 shares during the period. Clarkston Capital Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $2,768,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVV. Keenan LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. lifted its holdings in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $741.62 on Friday. The firm’s 50 day simple moving average is $748.47 and its 200-day simple moving average is $711.12. iShares Core S&P 500 ETF has a one year low of $622.31 and a one year high of $764.00. The firm has a market cap of $868.47 billion, a PE ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF 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.