Revolve Wealth Partners LLC Lowers Holdings in iShares Core S&P 500 ETF $IVV

Revolve Wealth Partners LLC decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,542 shares of the company’s stock after selling 1,896 shares during the quarter. iShares Core S&P 500 ETF makes up 1.4% of Revolve Wealth Partners LLC’s holdings, making the stock its 22nd largest position. Revolve Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $12,015,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of IVV. Heck Capital Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $331,591,000. Bison Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after buying an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in shares of iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after buying an additional 45 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of iShares Core S&P 500 ETF by 43.1% in the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after buying an additional 2,105 shares during the last quarter. Finally, Bank of Nova Scotia grew its position in iShares Core S&P 500 ETF by 68.8% during the second quarter. Bank of Nova Scotia now owns 1,166,227 shares of the company’s stock valued at $724,110,000 after buying an additional 475,393 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $661.86 on Tuesday. The firm has a market cap of $729.93 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $677.90 and its 200 day moving average is $679.73. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $700.97.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.