Cim Investment Management Inc. Has $77.21 Million Stake in iShares Core S&P 500 ETF $IVV

Cim Investment Management Inc. decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 51.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 124,350 shares of the company’s stock after selling 134,286 shares during the quarter. iShares Core S&P 500 ETF makes up 14.7% of Cim Investment Management Inc.’s portfolio, making the stock its biggest holding. Cim Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $77,209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IVV. Johnson Bixby & Associates LLC increased its holdings in iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock worth $871,000 after acquiring an additional 16 shares in the last quarter. Wealth Watch Advisors INC boosted its position in shares of iShares Core S&P 500 ETF by 1.5% in the second quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock worth $682,000 after purchasing an additional 16 shares during the period. Culbertson A N & Co. Inc. boosted its position in shares of iShares Core S&P 500 ETF by 1.1% in the second quarter. Culbertson A N & Co. Inc. now owns 1,420 shares of the company’s stock worth $882,000 after purchasing an additional 16 shares during the period. Synergy Financial Group LTD increased its stake in shares of iShares Core S&P 500 ETF by 2.5% in the second quarter. Synergy Financial Group LTD now owns 661 shares of the company’s stock worth $410,000 after purchasing an additional 16 shares in the last quarter. Finally, Activest Wealth Management raised its position in shares of iShares Core S&P 500 ETF by 1.5% during the 1st quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock valued at $643,000 after purchasing an additional 17 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 $685.17 on Friday. The stock has a market cap of $719.09 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average is $677.95 and its 200 day moving average is $649.41. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07.

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.