Mechanics Bank Trust Department Sells 450 Shares of iShares Core S&P 500 ETF $IVV

Mechanics Bank Trust Department cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,105 shares of the company’s stock after selling 450 shares during the period. Mechanics Bank Trust Department’s holdings in iShares Core S&P 500 ETF were worth $1,307,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IVV. New Vernon Capital Holdings II LLC increased its holdings in iShares Core S&P 500 ETF by 53,779.2% in the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after acquiring an additional 5,708,115 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of iShares Core S&P 500 ETF by 65,310.1% during the 1st quarter. GAMMA Investing LLC now owns 4,113,639 shares of the company’s stock valued at $2,311,454,000 after acquiring an additional 4,107,350 shares during the period. Millennium Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 67.7% during the 1st quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock valued at $5,230,317,000 after acquiring an additional 3,757,143 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after acquiring an additional 2,703,613 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.5%

IVV opened at $670.08 on Tuesday. The company has a fifty day moving average price of $644.90 and a two-hundred day moving average price of $600.74. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $670.52. The company has a market cap of $674.97 billion, a P/E 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.