Raab & Moskowitz Asset Management LLC Decreases Stake in iShares S&P 500 ETF (NYSEARCA:IVV)


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Raab & Moskowitz Asset Management LLC lowered its stake in iShares S&P 500 ETF (NYSEARCA:IVV) by 2.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,031 shares of the company’s stock after selling 301 shares during the period. iShares S&P 500 ETF accounts for 1.7% of Raab & Moskowitz Asset Management LLC’s holdings, making the stock its 16th biggest position. Raab & Moskowitz Asset Management LLC’s holdings in iShares S&P 500 ETF were worth $4,388,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVV. Joseph P. Lucia & Associates LLC acquired a new stake in shares of iShares S&P 500 ETF in the fourth quarter worth $27,000. Powell Investment Advisors LLC acquired a new stake in shares of iShares S&P 500 ETF in the first quarter worth $27,000. Perennial Advisors LLC acquired a new stake in shares of iShares S&P 500 ETF in the fourth quarter worth $29,000. Horizon Financial Services LLC acquired a new stake in iShares S&P 500 ETF during the first quarter valued at $33,000. Finally, Adirondack Trust Co. acquired a new stake in iShares S&P 500 ETF during the first quarter valued at $45,000.

IVV stock traded down $3.90 during midday trading on Tuesday, hitting $415.88. 306,256 shares of the stock traded hands, compared to its average volume of 4,400,086. The stock’s fifty day simple moving average is $407.20 and its 200-day simple moving average is $380.12. iShares S&P 500 ETF has a 1-year low of $275.00 and a 1-year high of $422.28.

iShares 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.

Further Reading: Catch-Up Contributions

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 ETF (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

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