iShares Core S&P 500 ETF (NYSEARCA:IVV) is Steele Capital Management Inc.’s Largest Position

Steele Capital Management Inc. cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 368,797 shares of the company’s stock after selling 2,326 shares during the quarter. iShares Core S&P 500 ETF makes up about 11.3% of Steele Capital Management Inc.’s holdings, making the stock its largest holding. Steele Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $217,104,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVV. Wealth Group Ltd. grew its position in shares of iShares Core S&P 500 ETF by 1.9% during the 3rd quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock valued at $109,908,000 after acquiring an additional 3,630 shares during the period. Benin Management CORP grew its position in shares of iShares Core S&P 500 ETF by 10.4% during the 3rd quarter. Benin Management CORP now owns 2,806 shares of the company’s stock valued at $1,619,000 after acquiring an additional 265 shares during the period. Marino Stram & Associates LLC grew its position in shares of iShares Core S&P 500 ETF by 0.9% during the 3rd quarter. Marino Stram & Associates LLC now owns 81,683 shares of the company’s stock valued at $47,116,000 after acquiring an additional 736 shares during the period. Financial Symmetry Inc grew its position in shares of iShares Core S&P 500 ETF by 1.8% during the 3rd quarter. Financial Symmetry Inc now owns 2,932 shares of the company’s stock valued at $1,691,000 after acquiring an additional 53 shares during the period. Finally, Toth Financial Advisory Corp grew its position in shares of iShares Core S&P 500 ETF by 6.5% during the 3rd quarter. Toth Financial Advisory Corp now owns 2,485 shares of the company’s stock valued at $1,433,000 after acquiring an additional 151 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $614.48 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $495.94 and a 1 year high of $614.48. The firm has a fifty day moving average price of $601.00 and a 200-day moving average price of $584.52. The company has a market cap of $530.23 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.