Capital Investment Services of America Inc. Trims Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Capital Investment Services of America Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,389 shares of the company’s stock after selling 21 shares during the quarter. Capital Investment Services of America Inc.’s holdings in iShares Core S&P 500 ETF were worth $780,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wealthfront Advisers LLC grew its holdings in shares of iShares Core S&P 500 ETF by 553,404.4% during the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after purchasing an additional 8,533,496 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of iShares Core S&P 500 ETF by 40,255.6% during the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after purchasing an additional 8,108,677 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 142.1% during the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after purchasing an additional 6,813,214 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $3,488,275,000. Finally, Raymond James Financial Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $2,428,403,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $599.79 on Friday. The business has a 50 day moving average of $569.93 and a 200 day moving average of $583.22. The company has a market capitalization of $588.90 billion, a price-to-earnings ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $616.22.

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.