University of Texas Texas AM Investment Management Co. Lowers Stock Holdings in iShares Core S&P 500 ETF $IVV

University of Texas Texas AM Investment Management Co. lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.4% in the 4th quarter, HoldingsChannel reports. The firm owned 7,563 shares of the company’s stock after selling 690 shares during the quarter. iShares Core S&P 500 ETF makes up about 0.7% of University of Texas Texas AM Investment Management Co.’s holdings, making the stock its 19th biggest holding. University of Texas Texas AM Investment Management Co.’s holdings in iShares Core S&P 500 ETF were worth $5,180,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of IVV. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $29,000. GS Investments Inc. boosted its stake in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter worth approximately $39,000. Finally, Dorato Capital Management purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $756.35 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The firm has a market cap of $835.20 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm has a 50 day moving average price of $727.36 and a 200-day moving average price of $698.97.

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.