Bedminster LLC Lowers Holdings in iShares Core S&P 500 ETF $IVV

Bedminster LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the first quarter, HoldingsChannel reports. The firm owned 42,774 shares of the company’s stock after selling 3,460 shares during the period. iShares Core S&P 500 ETF makes up approximately 26.0% of Bedminster LLC’s investment portfolio, making the stock its biggest holding. Bedminster LLC’s holdings in iShares Core S&P 500 ETF were worth $27,940,000 as of its most recent SEC filing.

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

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $748.43 on Friday. The business has a fifty day moving average price of $742.39 and a 200 day moving average price of $704.53. iShares Core S&P 500 ETF has a fifty-two week low of $620.85 and a fifty-two week high of $764.00. The stock has a market capitalization of $888.35 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF 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.