Assetmark Inc. Sells 460,450 Shares of iShares Core S&P 500 ETF $IVV

Assetmark Inc. lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 46.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 527,597 shares of the ETF’s stock after selling 460,450 shares during the quarter. Assetmark Inc.’s holdings in iShares Core S&P 500 ETF were worth $344,632,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Keenan LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $754.42 on Friday. The company has a market capitalization of $889.61 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $622.31 and a 52-week high of $764.00. The business has a 50-day simple moving average of $748.19 and a two-hundred day simple moving average of $709.01.

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.