3,000 iShares Core S&P 500 ETF $IVV Shares Sold by Sage Advisory Services Ltd.Co.

Sage Advisory Services Ltd.Co. lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.4% in the third quarter, Holdings Channel reports. The institutional investor owned 37,668 shares of the ETF’s stock after selling 3,000 shares during the quarter. iShares Core S&P 500 ETF accounts for about 15.5% of Sage Advisory Services Ltd.Co.’s portfolio, making the stock its largest position. Sage Advisory Services Ltd.Co.’s holdings in iShares Core S&P 500 ETF were worth $28,848,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IVV. Pinnacle Financial Group LLC IL raised its stake in shares of iShares Core S&P 500 ETF by 38.9% in the 3rd quarter. Pinnacle Financial Group LLC IL now owns 796 shares of the ETF’s stock valued at $609,000 after purchasing an additional 223 shares in the last quarter. Dala Group LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $220,000. Virtue Capital Management LLC grew its stake in iShares Core S&P 500 ETF by 9.7% in the third quarter. Virtue Capital Management LLC now owns 1,196 shares of the ETF’s stock worth $916,000 after purchasing an additional 106 shares in the last quarter. DecisionMap Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 3.7% in the third quarter. DecisionMap Wealth Management LLC now owns 22,377 shares of the ETF’s stock worth $17,137,000 after purchasing an additional 808 shares in the last quarter. Finally, Columbia Bank grew its stake in iShares Core S&P 500 ETF by 0.6% in the third quarter. Columbia Bank now owns 17,191 shares of the ETF’s stock worth $13,166,000 after purchasing an additional 111 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.5%

Shares of iShares Core S&P 500 ETF stock opened at $755.36 on Tuesday. The firm has a market cap of $866.10 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $785.03. The business has a 50-day moving average price of $770.58 and a 200 day moving average price of $732.10.

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.