Swmg LLC Reduces Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Swmg LLC lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,566 shares of the company’s stock after selling 6,477 shares during the period. iShares Core S&P 500 ETF makes up 19.4% of Swmg LLC’s investment portfolio, making the stock its largest holding. Swmg LLC’s holdings in iShares Core S&P 500 ETF were worth $48,994,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC lifted its stake in shares of iShares Core S&P 500 ETF by 553,404.4% in the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after buying an additional 8,533,496 shares in the last quarter. Prudential Financial Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 142.1% in the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after buying an additional 6,813,214 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $3,488,275,000. Raymond James Financial Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $2,428,403,000. Finally, GAMMA Investing LLC lifted its stake in shares of iShares Core S&P 500 ETF by 65,310.1% in the first quarter. GAMMA Investing LLC now owns 4,113,639 shares of the company’s stock worth $2,311,454,000 after buying an additional 4,107,350 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $623.42 on Thursday. The company has a market cap of $617.81 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average price is $590.12 and its 200-day moving average price is $583.38. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $623.99.

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.