iShares Core S&P 500 ETF $IVV Shares Sold by Diversified Portfolios Inc.

Diversified Portfolios Inc. trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 35,559 shares of the company’s stock after selling 1,588 shares during the period. iShares Core S&P 500 ETF comprises 2.0% of Diversified Portfolios Inc.’s portfolio, making the stock its 10th biggest holding. Diversified Portfolios Inc.’s holdings in iShares Core S&P 500 ETF were worth $24,356,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IVV. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $29,000. Palouse Capital Management Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $38,000. Imprint Wealth LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at about $39,000. Dorato Capital Management purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $55,000. Finally, EQ Wealth Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $55,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $749.14 on Tuesday. iShares Core S&P 500 ETF has a one year low of $578.31 and a one year high of $753.02. The firm has a market capitalization of $827.24 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average of $699.02 and a two-hundred day moving average of $690.79.

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. 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.