Cwm LLC Sells 207,147 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cwm LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,009,809 shares of the company’s stock after selling 207,147 shares during the quarter. iShares Core S&P 500 ETF accounts for 5.0% of Cwm LLC’s portfolio, making the stock its largest position. Cwm LLC owned about 0.23% of iShares Core S&P 500 ETF worth $1,159,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth approximately $36,000. Thompson Investment Management Inc. acquired a new position in iShares Core S&P 500 ETF in the first quarter worth $37,000. Covestor Ltd grew its holdings in shares of iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares during the last quarter. Ables Iannone Moore & Associates Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $44,000. Finally, Richardson Financial Services Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $49,000.

iShares Core S&P 500 ETF Trading Up 0.7 %

Shares of IVV stock opened at $579.85 on Thursday. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $580.47. The firm’s 50 day moving average is $558.58 and its 200-day moving average is $542.03. The firm has a market capitalization of $500.35 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.