Constellation Investments Inc. Cuts Stock Holdings in iShares Core S&P 500 ETF $IVV

Constellation Investments Inc. lessened its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.7% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,358,390 shares of the company’s stock after selling 146,657 shares during the period. iShares Core S&P 500 ETF makes up about 29.5% of Constellation Investments Inc.’s holdings, making the stock its largest position. Constellation Investments Inc. owned 0.12% of iShares Core S&P 500 ETF worth $887,314,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IVV. Heck Capital Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $331,591,000. Bison Wealth LLC raised its holdings in iShares Core S&P 500 ETF by 24.0% during 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. raised its holdings in iShares Core S&P 500 ETF by 0.8% during 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 lifted 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 valued at $4,340,000 after buying an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after buying an additional 97 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $744.19 on Tuesday. The firm has a 50-day moving average of $739.44 and a 200-day moving average of $702.97. The company has a market cap of $821.77 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $617.99 and a one year high of $764.00.

About iShares Core S&P 500 ETF

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.