Objectivity Squared LLC Cuts Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Objectivity Squared LLC decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 37.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,499 shares of the company’s stock after selling 911 shares during the quarter. iShares Core S&P 500 ETF comprises about 0.6% of Objectivity Squared LLC’s investment portfolio, making the stock its 23rd largest position. Objectivity Squared LLC’s holdings in iShares Core S&P 500 ETF were worth $855,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at approximately $36,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at $37,000. Covestor Ltd lifted its holdings in shares of iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the last quarter. Ables Iannone Moore & Associates Inc. purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $44,000. Finally, Richardson Financial Services Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $49,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded up $0.98 during mid-day trading on Wednesday, reaching $576.92. 344,785 shares of the company’s stock traded hands, compared to its average volume of 5,236,936. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $577.47. The stock has a market cap of $497.82 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average is $558.58 and its two-hundred day moving average is $542.03.

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.