Rhumbline Advisers Sells 25,391 Shares of iShares Core S&P 500 ETF $IVV

Rhumbline Advisers trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 23.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,357 shares of the company’s stock after selling 25,391 shares during the quarter. Rhumbline Advisers’ holdings in iShares Core S&P 500 ETF were worth $50,515,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Johnson Bixby & Associates LLC boosted its holdings in iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock valued at $871,000 after purchasing an additional 16 shares during the period. Wealth Watch Advisors INC raised its position in shares of iShares Core S&P 500 ETF by 1.5% in the second quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock worth $682,000 after buying an additional 16 shares in the last quarter. Culbertson A N & Co. Inc. boosted its stake in iShares Core S&P 500 ETF by 1.1% during the second quarter. Culbertson A N & Co. Inc. now owns 1,420 shares of the company’s stock valued at $882,000 after buying an additional 16 shares during the period. Activest Wealth Management grew its position in iShares Core S&P 500 ETF by 1.5% during the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock worth $643,000 after buying an additional 17 shares in the last quarter. Finally, Greenfield Savings Bank grew its position in iShares Core S&P 500 ETF by 2.0% during the second quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock worth $540,000 after buying an additional 17 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 1.5%

NYSEARCA:IVV opened at $672.06 on Tuesday. The stock has a market cap of $705.33 billion, a P/E ratio of 25.10 and a beta of 1.00. The business’s 50-day moving average price is $672.46 and its two-hundred day moving average price is $640.18. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $693.07.

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.