SSI Investment Management LLC Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

SSI Investment Management LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.7% in the 3rd quarter, Holdings Channel reports. The firm owned 153,853 shares of the company’s stock after selling 20,414 shares during the period. iShares Core S&P 500 ETF makes up approximately 6.5% of SSI Investment Management LLC’s portfolio, making the stock its largest holding. SSI Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $88,745,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. 1620 Investment Advisors Inc. purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $36,000. Cedar Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares in the last quarter. Kennebec Savings Bank purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $40,000. Covestor Ltd lifted its position in 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, Peterson Financial Group Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $46,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $593.44 on Thursday. iShares Core S&P 500 ETF has a one year low of $454.06 and a one year high of $603.09. The business’s 50-day moving average price is $580.94 and its two-hundred day moving average price is $557.68. The company has a market capitalization of $512.08 billion, a P/E 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.