iShares Core S&P 500 ETF (NYSEARCA:IVV) is Watershed Private Wealth LLC’s Largest Position

Watershed Private Wealth LLC trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 74,559 shares of the company’s stock after selling 3,312 shares during the period. iShares Core S&P 500 ETF accounts for about 17.2% of Watershed Private Wealth LLC’s investment portfolio, making the stock its largest position. Watershed Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $43,008,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $36,000. Thompson Investment Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth $37,000. Covestor Ltd grew its position in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after purchasing an additional 61 shares during the period. Richardson Financial Services Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $49,000. Finally, LRI Investments LLC purchased a new position in iShares Core S&P 500 ETF during the first quarter worth about $55,000.

iShares Core S&P 500 ETF Stock Down 0.9 %

Shares of IVV stock traded down $5.04 during trading hours on Tuesday, hitting $582.11. 1,601,862 shares of the company were exchanged, compared to its average volume of 5,180,787. The firm has a market cap of $502.30 billion, a PE ratio of 25.23 and a beta of 0.99. The firm has a fifty day moving average of $562.04 and a 200 day moving average of $543.67. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $588.05.

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.