L.K. Benson & Company P.C. Reduces Holdings in iShares Core S&P 500 ETF $IVV

L.K. Benson & Company P.C. lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,018 shares of the company’s stock after selling 770 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 2.1% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 11th largest holding. L.K. Benson & Company P.C.’s holdings in iShares Core S&P 500 ETF were worth $4,122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IVV. Marshall Wace LLP grew its position in iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after purchasing an additional 6,101,936 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 40.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after buying an additional 4,854,227 shares during the last quarter. Eisler Capital Management Ltd. lifted its stake in shares of iShares Core S&P 500 ETF by 346.1% during the third quarter. Eisler Capital Management Ltd. now owns 4,963,000 shares of the company’s stock worth $3,305,308,000 after buying an additional 3,850,500 shares during the period. Capula Management Ltd lifted its stake in shares of iShares Core S&P 500 ETF by 36.3% during the third quarter. Capula Management Ltd now owns 10,434,370 shares of the company’s stock worth $6,983,724,000 after buying an additional 2,776,225 shares during the period. Finally, UBS Group AG grew its holdings in shares of iShares Core S&P 500 ETF by 53.9% during the third quarter. UBS Group AG now owns 4,772,201 shares of the company’s stock valued at $3,194,034,000 after buying an additional 1,671,715 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $741.91 on Tuesday. The stock’s fifty day moving average price is $692.20 and its 200 day moving average price is $688.66. iShares Core S&P 500 ETF has a 1 year low of $578.31 and a 1 year high of $753.02. The company has a market cap of $819.25 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.