Independent Wealth Network Inc. Decreases Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Independent Wealth Network Inc. decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,519 shares of the company’s stock after selling 61 shares during the period. Independent Wealth Network Inc.’s holdings in iShares Core S&P 500 ETF were worth $854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $331,591,000. Madison Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $4,180,000. Sandy Spring Bank boosted its stake in shares of iShares Core S&P 500 ETF by 1.4% in the 4th quarter. Sandy Spring Bank now owns 236,780 shares of the company’s stock valued at $139,387,000 after buying an additional 3,273 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of iShares Core S&P 500 ETF by 357.9% in the 4th quarter. Teacher Retirement System of Texas now owns 2,598,372 shares of the company’s stock valued at $1,529,610,000 after buying an additional 2,030,943 shares during the period. Finally, OLD Point Trust & Financial Services N A purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $304,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $630.93 on Friday. The stock has a 50-day simple moving average of $604.86 and a 200-day simple moving average of $585.56. The stock has a market capitalization of $635.63 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $632.39.

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.