iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by MV Capital Management Inc.

MV Capital Management Inc. lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 135,704 shares of the company’s stock after selling 35 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 8.2% of MV Capital Management Inc.’s portfolio, making the stock its 2nd largest holding. MV Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $71,344,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Toews Corp ADV bought a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $5,783,000. Woodmont Investment Counsel LLC raised its holdings in iShares Core S&P 500 ETF by 19.0% in the first quarter. Woodmont Investment Counsel LLC now owns 2,732 shares of the company’s stock worth $1,436,000 after purchasing an additional 437 shares during the period. Narus Financial Partners LLC raised its holdings in iShares Core S&P 500 ETF by 9.5% in the first quarter. Narus Financial Partners LLC now owns 3,363 shares of the company’s stock worth $1,768,000 after purchasing an additional 293 shares during the period. Farmers & Merchants Investments Inc. raised its holdings in iShares Core S&P 500 ETF by 1.6% in the first quarter. Farmers & Merchants Investments Inc. now owns 376,072 shares of the company’s stock worth $197,712,000 after purchasing an additional 5,892 shares during the period. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its holdings in iShares Core S&P 500 ETF by 2.1% in the first quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 2,425 shares of the company’s stock worth $1,275,000 after purchasing an additional 49 shares during the period.

iShares Core S&P 500 ETF Price Performance

IVV traded up $3.50 during mid-day trading on Tuesday, hitting $551.91. The stock had a trading volume of 2,579,078 shares, compared to its average volume of 5,382,727. The stock’s fifty day simple moving average is $530.82 and its 200-day simple moving average is $510.57. The firm has a market capitalization of $476.24 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $553.25.

iShares Core S&P 500 ETF 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.