Adventist Health System Sunbelt Healthcare Corp Has $333.50 Million Position in iShares Core S&P 500 ETF $IVV

Adventist Health System Sunbelt Healthcare Corp cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 61.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 510,550 shares of the ETF’s stock after selling 825,584 shares during the period. iShares Core S&P 500 ETF accounts for 11.7% of Adventist Health System Sunbelt Healthcare Corp’s holdings, making the stock its 4th biggest holding. Adventist Health System Sunbelt Healthcare Corp’s holdings in iShares Core S&P 500 ETF were worth $333,497,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Keenan LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. GS Investments Inc. boosted its stake in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $39,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF News Roundup

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $742.36 on Friday. The stock has a market capitalization of $869.34 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $622.31 and a 1 year high of $764.00. The business’s 50 day simple moving average is $748.47 and its 200-day simple moving average is $711.34.

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.