Princeton Global Asset Management LLC Cuts Holdings in iShares Core S&P 500 ETF $IVV

Princeton Global Asset Management LLC decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 50.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 952 shares of the company’s stock after selling 984 shares during the period. Princeton Global Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $622,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $29,000. GS Investments Inc. boosted its position in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $39,000. 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 $744.19 on Tuesday. The company has a market capitalization of $821.77 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50-day simple moving average of $739.44 and a two-hundred day simple moving average of $702.97. iShares Core S&P 500 ETF has a one year low of $617.99 and a one year high of $764.00.

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. 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.