Boreal Capital Management LLC Has $114,000 Holdings in iShares Core S&P 500 ETF $IVV

Boreal Capital Management LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 86.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 175 shares of the ETF’s stock after selling 1,160 shares during the period. Boreal Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $114,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in IVV. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $26,000. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $29,000. GS Investments Inc. raised its stake in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.1%

IVV opened at $742.36 on Friday. The company’s 50 day moving average is $748.47 and its 200-day moving average is $711.34. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00. The company has a market cap of $869.34 billion, a P/E ratio of 25.10 and a beta of 1.00.

Key Headlines Impacting iShares Core S&P 500 ETF

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 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.