Mirae Asset Global Investments Co. Ltd. Sells 60,627 Shares of iShares Core S&P 500 ETF $IVV

Mirae Asset Global Investments Co. Ltd. lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 490,717 shares of the company’s stock after selling 60,627 shares during the period. iShares Core S&P 500 ETF makes up 1.0% of Mirae Asset Global Investments Co. Ltd.’s portfolio, making the stock its 11th largest holding. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Core S&P 500 ETF were worth $328,437,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Americana Partners LLC increased its holdings in iShares Core S&P 500 ETF by 21.8% during the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after purchasing an additional 1,187 shares in the last quarter. Forza Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 28.7% in the 3rd quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after buying an additional 1,438 shares during the last quarter. Fonville Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 121.3% during the 3rd quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after acquiring an additional 3,224 shares in the last quarter. Fortitude Family Office LLC lifted its stake in iShares Core S&P 500 ETF by 13.4% during the 3rd quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock valued at $32,950,000 after acquiring an additional 5,800 shares in the last quarter. Finally, Community Trust & Investment Co. boosted its holdings in iShares Core S&P 500 ETF by 29.9% during the 3rd quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock worth $2,887,000 after acquiring an additional 992 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $700.68 on Wednesday. The firm has a 50-day moving average of $686.89 and a 200-day moving average of $668.04. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $699.76. The company has a market cap of $770.54 billion, a P/E 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.