iShares Core S&P 500 ETF $IVV Stock Position Lessened by Cim Investment Management Inc.

Cim Investment Management Inc. trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,454 shares of the ETF’s stock after selling 11,196 shares during the quarter. iShares Core S&P 500 ETF makes up about 19.8% of Cim Investment Management Inc.’s holdings, making the stock its biggest position. Cim Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $84,965,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVV. Atomic Invest LLC increased its position in iShares Core S&P 500 ETF by 1.0% during the second quarter. Atomic Invest LLC now owns 2,541 shares of the ETF’s stock worth $1,892,000 after buying an additional 25 shares in the last quarter. QRG Capital Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 187.8% in the second quarter. QRG Capital Management Inc. now owns 42,877 shares of the ETF’s stock valued at $32,110,000 after acquiring an additional 27,980 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 66.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,008,278 shares of the ETF’s stock valued at $1,503,980,000 after acquiring an additional 799,154 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after purchasing an additional 8,432,228 shares in the last quarter. Finally, Altar Rock LLC purchased a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth about $209,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock traded down $1.41 during trading on Tuesday, hitting $767.52. The stock had a trading volume of 5,511,783 shares, compared to its average volume of 7,990,573. The stock has a market cap of $874.63 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50 day moving average price is $766.02 and its two-hundred day moving average price is $736.40. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $783.09.

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.