Potentia Wealth Cuts Position in iShares Core S&P 500 ETF $IVV

Potentia Wealth lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 40.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,242 shares of the company’s stock after selling 2,876 shares during the period. iShares Core S&P 500 ETF makes up 1.1% of Potentia Wealth’s holdings, making the stock its 17th biggest position. Potentia Wealth’s holdings in iShares Core S&P 500 ETF were worth $2,906,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in IVV. Walleye Capital LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $4,531,611,000. Marshall Wace LLP increased its position in shares of iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after buying an additional 6,101,936 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of iShares Core S&P 500 ETF by 242.8% in the fourth quarter. Allianz Asset Management GmbH now owns 8,324,104 shares of the company’s stock valued at $5,701,512,000 after buying an additional 5,895,837 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 40.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock valued at $11,513,474,000 after buying an additional 4,854,227 shares in the last quarter. Finally, Eisler Capital Management Ltd. increased its position in shares of iShares Core S&P 500 ETF by 346.1% in the third quarter. Eisler Capital Management Ltd. now owns 4,963,000 shares of the company’s stock valued at $3,305,308,000 after buying an additional 3,850,500 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $745.14 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The stock has a market cap of $822.82 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $725.41 and a 200-day simple moving average of $698.42.

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. 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.