iShares Core S&P 500 ETF $IVV Shares Sold by a16z Perennial Management L.P.

a16z Perennial Management L.P. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 89.1% in the fourth quarter, HoldingsChannel reports. The firm owned 45,250 shares of the company’s stock after selling 368,962 shares during the period. iShares Core S&P 500 ETF accounts for about 2.3% of a16z Perennial Management L.P.’s holdings, making the stock its 12th biggest holding. a16z Perennial Management L.P.’s holdings in iShares Core S&P 500 ETF were worth $30,994,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Nicollet Investment Management Inc. lifted its position in iShares Core S&P 500 ETF by 1.0% during the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after purchasing an additional 15 shares during the period. Anchor Investment Management LLC grew its position in shares of iShares Core S&P 500 ETF by 3.1% during the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after acquiring an additional 15 shares during the period. Wealth Effects LLC grew its position in shares of iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after acquiring an additional 15 shares during the period. West Wealth Group LLC grew its position in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after acquiring an additional 15 shares during the period. Finally, Keeler & Nadler Financial Planning & Wealth Management grew its position in shares of iShares Core S&P 500 ETF by 2.9% during the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock valued at $369,000 after acquiring an additional 15 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $760.05 on Monday. iShares Core S&P 500 ETF has a 52 week low of $586.05 and a 52 week high of $761.65. The stock has a market capitalization of $839.29 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average price is $706.11 and its 200-day moving average price is $692.99.

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.