Tortoise Investment Management LLC Sells 4,601 Shares of iShares Core S&P 500 ETF $IVV

Tortoise Investment Management LLC decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 147,003 shares of the company’s stock after selling 4,601 shares during the quarter. iShares Core S&P 500 ETF makes up 8.8% of Tortoise Investment Management LLC’s portfolio, making the stock its biggest position. Tortoise Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $100,688,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IVV. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Imprint Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $39,000. Dorato Capital Management acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $55,000. Finally, EQ Wealth Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $55,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $741.91 on Tuesday. The stock has a market cap of $819.25 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $578.31 and a one year high of $753.02. The business’s 50-day simple moving average is $692.20 and its 200 day simple moving average is $688.66.

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. 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.