Van Diest Capital LLC Sells 685 Shares of iShares Core S&P 500 ETF $IVV

Van Diest Capital LLC lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 25.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,965 shares of the ETF’s stock after selling 685 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.0% of Van Diest Capital LLC’s holdings, making the stock its 23rd biggest position. Van Diest Capital LLC’s holdings in iShares Core S&P 500 ETF were worth $1,283,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IVV. Punch & Associates Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Wealth Effects LLC lifted its stake in shares of iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the ETF’s stock worth $2,929,000 after buying an additional 15 shares in the last quarter. West Wealth Group LLC lifted its stake in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the ETF’s stock worth $987,000 after buying an additional 15 shares in the last quarter. Keeler & Nadler Financial Planning & Wealth Management lifted its stake in shares of iShares Core S&P 500 ETF by 2.9% in the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the ETF’s stock worth $369,000 after buying an additional 15 shares in the last quarter. Finally, Gratus Wealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the ETF’s stock valued at $3,272,000 after buying an additional 15 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF News Roundup

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

iShares Core S&P 500 ETF Stock Up 0.1%

NYSEARCA:IVV opened at $742.36 on Friday. The stock has a market cap of $869.34 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50 day moving average price is $748.47 and its 200-day moving average price is $711.34. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week 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.