iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Cut by Arrien Investments Inc.

Arrien Investments Inc. lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,843 shares of the company’s stock after selling 97 shares during the quarter. iShares Core S&P 500 ETF makes up 6.4% of Arrien Investments Inc.’s investment portfolio, making the stock its 5th largest position. Arrien Investments Inc.’s holdings in iShares Core S&P 500 ETF were worth $8,902,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Iams Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 7.0% in the first quarter. Iams Wealth Management LLC now owns 1,382 shares of the company’s stock worth $777,000 after purchasing an additional 90 shares during the period. Lakeshore Capital Group Inc. bought a new stake in iShares Core S&P 500 ETF during the first quarter valued at $12,227,000. McAlister Sweet & Associates Inc. purchased a new position in iShares Core S&P 500 ETF during the first quarter worth about $41,776,000. Horizons Wealth Management grew its position in iShares Core S&P 500 ETF by 8.0% during the first quarter. Horizons Wealth Management now owns 1,312 shares of the company’s stock worth $737,000 after buying an additional 97 shares in the last quarter. Finally, Triangle Securities Wealth Management bought a new position in iShares Core S&P 500 ETF in the 1st quarter worth about $276,000.

iShares Core S&P 500 ETF Stock Up 0.6%

NYSEARCA:IVV opened at $598.93 on Wednesday. The stock has a market cap of $588.06 billion, a P/E ratio of 25.71 and a beta of 1.01. The business’s 50-day moving average price is $559.68 and its two-hundred day moving average price is $582.84. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $616.22.

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.