Cim Investment Management Inc. Has $77.21 Million Holdings in iShares Core S&P 500 ETF $IVV

Cim Investment Management Inc. cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 51.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 124,350 shares of the company’s stock after selling 134,286 shares during the period. iShares Core S&P 500 ETF makes up about 14.7% of Cim Investment Management Inc.’s investment portfolio, making the stock its largest holding. Cim Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $77,209,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVV. Flaharty Asset Management LLC bought a new position in shares of iShares Core S&P 500 ETF during the first quarter valued at $28,000. Nvwm LLC increased its holdings in iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares in the last quarter. Hager Investment Management Services LLC purchased a new position in iShares Core S&P 500 ETF in the 2nd quarter worth about $61,000. Rice Partnership LLC raised its position in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after buying an additional 92 shares during the last quarter. Finally, Creative Capital Management Investments LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth $80,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $685.17 on Friday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $693.07. The stock has a fifty day moving average of $677.95 and a 200 day moving average of $649.41. The stock has a market cap of $719.09 billion, a PE ratio of 25.10 and a beta of 1.00.

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.