NRI Wealth Management LC Sells 3,947 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

NRI Wealth Management LC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 56,184 shares of the company’s stock after selling 3,947 shares during the quarter. iShares Core S&P 500 ETF comprises about 23.3% of NRI Wealth Management LC’s portfolio, making the stock its largest position. NRI Wealth Management LC’s holdings in iShares Core S&P 500 ETF were worth $31,570,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its position in iShares Core S&P 500 ETF by 553,404.4% during the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock valued at $5,024,406,000 after purchasing an additional 8,533,496 shares during the period. Proficio Capital Partners LLC raised its stake in shares of iShares Core S&P 500 ETF by 40,255.6% during the 4th quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock valued at $4,785,274,000 after buying an additional 8,108,677 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of iShares Core S&P 500 ETF by 142.1% during the 4th quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock valued at $6,834,161,000 after buying an additional 6,813,214 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $3,488,275,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $2,428,403,000.

iShares Core S&P 500 ETF Stock Up 0.1%

iShares Core S&P 500 ETF stock opened at $609.96 on Thursday. The business’s 50-day moving average price is $581.00 and its 200 day moving average price is $582.98. The firm has a market cap of $591.69 billion, a price-to-earnings ratio of 25.10 and a beta of 1.01. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $616.22.

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.