iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Cut by Blume Capital Management Inc.

Blume Capital Management Inc. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.7% in the first quarter, HoldingsChannel reports. The fund owned 250 shares of the company’s stock after selling 50 shares during the quarter. Blume Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $131,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 42,439.0% during the fourth quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock worth $4,121,085,000 after purchasing an additional 8,607,912 shares during the period. Alberta Investment Management Corp acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $1,128,876,000. Pathstone Holdings LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $1,083,439,000. Bank of Nova Scotia grew its holdings in shares of iShares Core S&P 500 ETF by 4,197.5% during the 4th quarter. Bank of Nova Scotia now owns 1,193,203 shares of the company’s stock valued at $569,890,000 after acquiring an additional 1,165,438 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock worth $16,112,762,000 after acquiring an additional 1,118,746 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

IVV traded up $0.45 during trading on Tuesday, reaching $558.86. 1,851,293 shares of the stock traded hands, compared to its average volume of 5,311,961. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $560.13. The stock’s 50-day simple moving average is $535.44 and its two-hundred day simple moving average is $513.41. The stock has a market cap of $482.24 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.