Riverstone Advisors LLC Sells 6,104 Shares of iShares Core S&P 500 ETF $IVV

Riverstone Advisors LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,221 shares of the company’s stock after selling 6,104 shares during the period. iShares Core S&P 500 ETF comprises approximately 25.2% of Riverstone Advisors LLC’s holdings, making the stock its largest holding. Riverstone Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $51,095,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IVV. Legacy Private Trust Co. increased its position in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after acquiring an additional 3,711 shares in the last quarter. Hubbell Strickland Wealth Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after purchasing an additional 792 shares in the last quarter. Belpointe Asset Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after purchasing an additional 1,700 shares during the last quarter. Atria Investments Inc grew its stake in shares of iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock valued at $172,181,000 after purchasing an additional 30,777 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in shares of iShares Core S&P 500 ETF by 0.8% in the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after purchasing an additional 10,723 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $730.17 on Monday. The company has a 50 day moving average price of $738.65 and a 200 day moving average price of $702.56. iShares Core S&P 500 ETF has a fifty-two week low of $613.79 and a fifty-two week high of $764.00. The stock has a market capitalization of $806.29 billion, a PE ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.