iShares Core S&P 500 ETF $IVV is Lowe Brockenbrough & Co. Inc.’s Largest Position

Lowe Brockenbrough & Co. Inc. lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.0% in the first quarter, Holdings Channel.com reports. The fund owned 258,783 shares of the ETF’s stock after selling 31,931 shares during the quarter. iShares Core S&P 500 ETF makes up 8.4% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its largest position. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Core S&P 500 ETF were worth $169,040,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in IVV. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. boosted its holdings in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Finally, Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth about $39,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $746.72 on Monday. iShares Core S&P 500 ETF has a 12-month low of $622.31 and a 12-month high of $764.00. The stock has a market cap of $879.71 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50-day moving average of $748.30 and a two-hundred day moving average of $709.41.

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.