iShares Core S&P 500 ETF $IVV Shares Sold by London Co. of Virginia

London Co. of Virginia decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,908 shares of the ETF’s stock after selling 4,791 shares during the period. London Co. of Virginia’s holdings in iShares Core S&P 500 ETF were worth $24,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Punch & Associates Investment Management Inc. increased its holdings in iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares in the last quarter. Wealth Alliance LLC lifted its holdings in iShares Core S&P 500 ETF by 12.9% during the first quarter. Wealth Alliance LLC now owns 62,811 shares of the ETF’s stock valued at $41,029,000 after purchasing an additional 7,192 shares in the last quarter. Bridgewater Advisors Inc. lifted its holdings in iShares Core S&P 500 ETF by 1.1% during the first quarter. Bridgewater Advisors Inc. now owns 6,229 shares of the ETF’s stock valued at $4,069,000 after purchasing an additional 65 shares in the last quarter. Sentinel Advisory Group LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $41,790,000. Finally, Pennington Partners & CO. LLC grew its position in shares of iShares Core S&P 500 ETF by 11.3% in the first quarter. Pennington Partners & CO. LLC now owns 4,458 shares of the ETF’s stock valued at $2,912,000 after purchasing an additional 452 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

Key iShares Core S&P 500 ETF News

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

iShares Core S&P 500 ETF Stock Up 0.1%

IVV stock opened at $742.36 on Friday. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week high of $764.00. The firm has a 50-day simple moving average of $748.47 and a 200-day simple moving average of $711.34. The stock has a market capitalization of $869.34 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.