Tortoise Investment Management LLC Sells 2,313 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Tortoise Investment Management LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 149,970 shares of the company’s stock after selling 2,313 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 9.3% of Tortoise Investment Management LLC’s investment portfolio, making the stock its biggest position. Tortoise Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $88,284,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SYM FINANCIAL Corp bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $30,000. Modus Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $33,000. Finally, Advantage Trust Co bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $36,000.

iShares Core S&P 500 ETF Trading Up 0.5 %

Shares of IVV stock opened at $578.51 on Monday. The stock has a market cap of $575.41 billion, a P/E ratio of 26.66 and a beta of 1.01. The stock has a 50 day simple moving average of $599.05 and a 200 day simple moving average of $589.11. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22.

iShares Core S&P 500 ETF Company 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.