iShares S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Twele Capital Management Inc.
Twele Capital Management Inc. trimmed its position in shares of iShares S&P 500 ETF (NYSEARCA:IVV) by 4.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 195,140 shares of the company’s stock after selling 10,003 shares during the period. iShares S&P 500 ETF accounts for approximately 12.7% of Twele Capital Management Inc.’s portfolio, making the stock its largest holding. Twele Capital Management Inc.’s holdings in iShares S&P 500 ETF were worth $65,579,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the business. State Street Corp lifted its stake in iShares S&P 500 ETF by 23.7% during the first quarter. State Street Corp now owns 26,641 shares of the company’s stock worth $6,884,000 after purchasing an additional 5,102 shares during the last quarter. Federated Hermes Inc. bought a new position in shares of iShares S&P 500 ETF in the 1st quarter valued at $213,000. Geode Capital Management LLC acquired a new position in shares of iShares S&P 500 ETF during the 1st quarter worth $1,186,000. Morgan Stanley lifted its position in shares of iShares S&P 500 ETF by 39.7% during the 1st quarter. Morgan Stanley now owns 8,945,215 shares of the company’s stock worth $2,311,444,000 after buying an additional 2,541,810 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in iShares S&P 500 ETF by 6,059.5% in the first quarter. Invesco Ltd. now owns 235,355 shares of the company’s stock valued at $60,816,000 after buying an additional 231,534 shares in the last quarter.
Shares of NYSEARCA IVV opened at $348.45 on Friday. iShares S&P 500 ETF has a 12 month low of $220.28 and a 12 month high of $360.26. The stock has a 50-day moving average price of $340.57 and a two-hundred day moving average price of $314.59.
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.
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