Darrow Company Inc. Decreases Stake in iShares Core S&P 500 ETF $IVV

Darrow Company Inc. lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,721 shares of the company’s stock after selling 27 shares during the quarter. iShares Core S&P 500 ETF comprises 1.5% of Darrow Company Inc.’s portfolio, making the stock its 20th largest holding. Darrow Company Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,932,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. Flaharty Asset Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter worth about $28,000. Lord & Richards Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter worth about $31,000. Cheviot Value Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter worth about $52,000. Hager Investment Management Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 2nd quarter worth about $61,000. Finally, Rice Partnership LLC raised its position in shares of iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.0%

Shares of NYSEARCA IVV opened at $674.43 on Wednesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $677.20. The stock has a 50 day moving average of $659.21 and a two-hundred day moving average of $616.12. The stock has a market cap of $707.38 billion, a P/E ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF 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.