Canal Capital Management LLC Sells 2,761 Shares of iShares Core S&P 500 ETF $IVV

Canal Capital Management LLC lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,703 shares of the company’s stock after selling 2,761 shares during the period. iShares Core S&P 500 ETF accounts for about 1.7% of Canal Capital Management LLC’s portfolio, making the stock its 17th largest position. Canal Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $12,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PAX Financial Group LLC grew its stake in iShares Core S&P 500 ETF by 35.9% in the first quarter. PAX Financial Group LLC now owns 61,703 shares of the company’s stock worth $40,305,000 after purchasing an additional 16,315 shares in the last quarter. Gordian Advisors LLC raised its position in iShares Core S&P 500 ETF by 279.9% during the 1st quarter. Gordian Advisors LLC now owns 1,265 shares of the company’s stock valued at $826,000 after purchasing an additional 932 shares in the last quarter. Client First Capital LLC raised its position in iShares Core S&P 500 ETF by 9.5% during the 1st quarter. Client First Capital LLC now owns 47,741 shares of the company’s stock valued at $31,185,000 after purchasing an additional 4,152 shares in the last quarter. Optas LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter worth $201,000. Finally, Trademark Financial Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 10.9% in the 1st quarter. Trademark Financial Management LLC now owns 36,227 shares of the company’s stock worth $23,664,000 after buying an additional 3,569 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $748.43 on Friday. The company 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 has a 12-month low of $620.85 and a 12-month high of $764.00. The business’s fifty day simple moving average is $742.39 and its 200-day simple moving average is $704.53.

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.