iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Cisco Systems Inc.

Cisco Systems Inc. lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 53.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,000 shares of the company’s stock after selling 70,000 shares during the period. iShares Core S&P 500 ETF makes up approximately 13.8% of Cisco Systems Inc.’s holdings, making the stock its 2nd biggest position. Cisco Systems Inc.’s holdings in iShares Core S&P 500 ETF were worth $33,714,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Fiduciary Planning LLC lifted its position in shares of iShares Core S&P 500 ETF by 6.2% in the first quarter. Fiduciary Planning LLC now owns 8,365 shares of the company’s stock worth $4,700,000 after buying an additional 491 shares during the last quarter. DKM Wealth Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 5.3% during the 1st quarter. DKM Wealth Management Inc. now owns 9,636 shares of the company’s stock worth $5,414,000 after purchasing an additional 485 shares during the last quarter. Successful Portfolios LLC lifted its position in shares of iShares Core S&P 500 ETF by 3.8% during the 1st quarter. Successful Portfolios LLC now owns 10,227 shares of the company’s stock worth $5,747,000 after purchasing an additional 370 shares during the last quarter. Independence Bank of Kentucky lifted its position in shares of iShares Core S&P 500 ETF by 20.4% during the 1st quarter. Independence Bank of Kentucky now owns 5,717 shares of the company’s stock worth $3,212,000 after purchasing an additional 969 shares during the last quarter. Finally, Sara Bay Financial lifted its position in shares of iShares Core S&P 500 ETF by 3.9% during the 1st quarter. Sara Bay Financial now owns 2,067 shares of the company’s stock worth $1,153,000 after purchasing an additional 78 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $602.00 on Friday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $616.22. The stock has a market capitalization of $591.07 billion, a PE ratio of 25.71 and a beta of 1.01. The stock has a 50-day simple moving average of $561.94 and a 200 day simple moving average of $582.97.

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.