Cypress Capital Group lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 3.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,976 shares of the company’s stock after selling 3,084 shares during the period. iShares Core S&P 500 ETF makes up 6.0% of Cypress Capital Group’s holdings, making the stock its 2nd largest position. Cypress Capital Group’s holdings in iShares Core S&P 500 ETF were worth $49,785,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Burkett Financial Services LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth $31,000. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter worth $36,000. Thompson Investment Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter worth $37,000. Covestor Ltd raised its stake in shares of iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares in the last quarter. Finally, Ables Iannone Moore & Associates Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth $44,000.
iShares Core S&P 500 ETF Trading Up 1.1 %
Shares of NYSEARCA IVV traded up $6.04 during mid-day trading on Friday, reaching $565.23. The company had a trading volume of 2,450,111 shares, compared to its average volume of 5,054,260. The stock has a market cap of $487.74 billion, a PE ratio of 25.23 and a beta of 0.99. The company has a 50-day moving average price of $550.33 and a two-hundred day moving average price of $529.65. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $568.24.
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.
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