iShares Core S&P 500 ETF $IVV Stake Reduced by Crestmont Private Wealth LLC

Crestmont Private Wealth LLC cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,253 shares of the company’s stock after selling 1,888 shares during the period. iShares Core S&P 500 ETF comprises 22.3% of Crestmont Private Wealth LLC’s portfolio, making the stock its biggest position. Crestmont Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $61,626,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $331,591,000. Bison Wealth LLC raised its holdings in shares of iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after purchasing an additional 1,511 shares in the last quarter. Patton Albertson Miller Group LLC raised its holdings in shares of iShares Core S&P 500 ETF by 42.5% in the 1st quarter. Patton Albertson Miller Group LLC now owns 48,517 shares of the company’s stock valued at $27,262,000 after purchasing an additional 14,465 shares in the last quarter. Citigroup Inc. lifted its position in shares of iShares Core S&P 500 ETF by 36.6% in the 1st quarter. Citigroup Inc. now owns 128,917 shares of the company’s stock worth $72,438,000 after purchasing an additional 34,565 shares during the period. Finally, National Bank of Canada FI boosted its stake in shares of iShares Core S&P 500 ETF by 25.2% during the first quarter. National Bank of Canada FI now owns 74,847 shares of the company’s stock valued at $42,051,000 after purchasing an additional 15,067 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.2%

Shares of IVV stock opened at $689.11 on Monday. The firm has a market cap of $723.22 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50 day moving average is $676.16 and its 200 day moving average is $646.25. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $693.07.

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.