Sofi Wealth LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 322,074 shares of the ETF’s stock after selling 8,200 shares during the period. iShares Core S&P 500 ETF accounts for 10.1% of Sofi Wealth LLC’s investment portfolio, making the stock its 3rd largest holding. Sofi Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $210,382,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Thayer Partners LLC MA lifted its position in shares of iShares Core S&P 500 ETF by 3.6% during the first quarter. Thayer Partners LLC MA now owns 3,018 shares of the ETF’s stock worth $1,971,000 after acquiring an additional 105 shares in the last quarter. Independent Financial Group LLC purchased a new position in shares of iShares Core S&P 500 ETF in the first quarter valued at $47,549,000. Prosperity Consulting Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 2.4% during the 1st quarter. Prosperity Consulting Group LLC now owns 442,174 shares of the ETF’s stock valued at $288,832,000 after purchasing an additional 10,435 shares during the period. Frazier Financial Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 69.8% during the 1st quarter. Frazier Financial Advisors LLC now owns 1,618 shares of the ETF’s stock worth $1,057,000 after purchasing an additional 665 shares in the last quarter. Finally, Quartz Partners LLC lifted its holdings in iShares Core S&P 500 ETF by 6.2% during the 1st quarter. Quartz Partners LLC now owns 13,244 shares of the ETF’s stock worth $8,651,000 after purchasing an additional 778 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Stock Down 0.5%
Shares of NYSEARCA IVV opened at $754.42 on Friday. The company has a market cap of $889.61 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week high of $764.00. The business has a 50-day simple moving average of $748.19 and a two-hundred day simple moving average of $709.01.
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.
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