iShares Core S&P 500 ETF $IVV Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 76.4% in the 4th quarter, Holdings Channel reports. The firm owned 562 shares of the company’s stock after selling 1,824 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares Core S&P 500 ETF were worth $385,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $29,000. Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $38,000. Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $39,000. Dorato Capital Management acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $55,000. Finally, Maryland Capital Advisors Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 681.8% in the fourth quarter. Maryland Capital Advisors Inc. now owns 86 shares of the company’s stock valued at $59,000 after purchasing an additional 75 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.4%

Shares of NYSEARCA IVV opened at $711.74 on Friday. The firm has a 50-day moving average price of $678.81 and a 200 day moving average price of $682.20. The stock has a market capitalization of $781.78 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $537.97 and a 52 week high of $715.66.

About iShares Core S&P 500 ETF

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.