GEM Asset Management LLC Sells 134 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

GEM Asset Management LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,943 shares of the company’s stock after selling 134 shares during the period. iShares Core S&P 500 ETF comprises approximately 1.0% of GEM Asset Management LLC’s holdings, making the stock its 24th largest holding. GEM Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,610,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commerce Bank raised its position in iShares Core S&P 500 ETF by 1.0% during the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after purchasing an additional 2,285 shares in the last quarter. SageView Advisory Group LLC boosted its stake in shares of iShares Core S&P 500 ETF by 22.2% during the 4th quarter. SageView Advisory Group LLC now owns 39,174 shares of the company’s stock worth $19,325,000 after acquiring an additional 7,123 shares in the last quarter. BNP Paribas acquired a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $1,077,000. MONECO Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 1.7% in the fourth quarter. MONECO Advisors LLC now owns 3,320 shares of the company’s stock valued at $1,586,000 after buying an additional 54 shares in the last quarter. Finally, True Link Financial Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 9.0% during the first quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock valued at $139,898,000 after purchasing an additional 21,997 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $551.76 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24. The business’s 50 day moving average price is $552.51 and its 200-day moving average price is $534.28. The firm has a market capitalization of $476.11 billion, a PE ratio of 25.23 and a beta of 0.99.

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.