Contango Wealth Management LLC Sells 5,795 Shares of iShares Core S&P 500 ETF $IVV

Contango Wealth Management LLC lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,866 shares of the ETF’s stock after selling 5,795 shares during the period. iShares Core S&P 500 ETF comprises approximately 13.6% of Contango Wealth Management LLC’s investment portfolio, making the stock its largest holding. Contango Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $11,671,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Corient Private Wealth LLC raised its stake in shares of iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Capula Management Ltd boosted its holdings in shares of iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 3,927.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock valued at $5,590,424,000 after buying an additional 7,959,263 shares in the last quarter. Millennium Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after buying an additional 6,995,145 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $4,531,611,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $750.32 on Monday. The company’s fifty day simple moving average is $748.39 and its 200 day simple moving average is $713.18. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00. The company has a market cap of $873.26 billion, a price-to-earnings 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.