Bank of Nova Scotia lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 44.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,859,007 shares of the ETF’s stock after selling 1,486,585 shares during the period. iShares Core S&P 500 ETF makes up about 2.0% of Bank of Nova Scotia’s investment portfolio, making the stock its 10th biggest position. Bank of Nova Scotia’s holdings in iShares Core S&P 500 ETF were worth $1,214,322,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Wealth Effects LLC boosted its position in iShares Core S&P 500 ETF by 0.4% during the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the ETF’s stock worth $2,929,000 after purchasing an additional 15 shares in the last quarter. West Wealth Group LLC increased its position in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the ETF’s stock valued at $987,000 after buying an additional 15 shares in the last quarter. Keeler & Nadler Financial Planning & Wealth Management increased its position in shares of iShares Core S&P 500 ETF by 2.9% in the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the ETF’s stock valued at $369,000 after buying an additional 15 shares in the last quarter. Gratus Wealth Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the ETF’s stock valued at $3,272,000 after buying an additional 15 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 4.6% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 343 shares of the ETF’s stock worth $235,000 after buying an additional 15 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Down 1.2%
NYSEARCA:IVV opened at $741.62 on Friday. iShares Core S&P 500 ETF has a 52-week low of $622.31 and a 52-week high of $764.00. The stock has a fifty day simple moving average of $748.47 and a 200-day simple moving average of $711.12. The company has a market capitalization of $868.47 billion, a PE ratio of 25.10 and a beta of 1.00.
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.
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