Pembroke Management LTD Sells 5,514 Shares of iShares Core S&P 500 ETF $IVV

Pembroke Management LTD reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,368 shares of the company’s stock after selling 5,514 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 1.5% of Pembroke Management LTD’s holdings, making the stock its 27th largest position. Pembroke Management LTD’s holdings in iShares Core S&P 500 ETF were worth $14,971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nvwm LLC grew its stake in shares of iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares during the last quarter. Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth about $61,000. Rice Partnership LLC boosted its stake in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares in the last quarter. Creative Capital Management Investments LLC purchased a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at about $80,000. Finally, Missouri Trust & Investment Co increased its stake in iShares Core S&P 500 ETF by 33.0% during the 2nd quarter. Missouri Trust & Investment Co now owns 133 shares of the company’s stock valued at $83,000 after purchasing an additional 33 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 Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $694.66 on Friday. The company has a 50-day simple moving average of $684.86 and a two-hundred day simple moving average of $664.54. The stock has a market capitalization of $772.43 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $699.17.

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.