Mirae Asset Global Investments Co. Ltd. reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – free report) by 3.4% during the first quarter, according to its latest 13F filing with the SEC. During the period, the company sold 29,632 shares and held 834,961 shares. iShares Core S&P 500 ETF represents approximately 0.8% of Mirae Asset Global Investments Co. Ltd.’s investment portfolio, making it the company’s 14th largest holding. Mirae Asset Global Investments Co. Ltd. held 0.10% of iShares Core S&P 500 ETF, valued at $438,964,000, as of the end of its most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced shares of IVV. Eucles Asset Management increased its holdings in iShares Core S&P 500 ETF by 126.9% in the fourth quarter. Eucles Asset Management now owns 59 shares of the company worth $28,000 after acquiring an additional 33 shares in the last quarter. Burkett Financial Services LLC purchased a new $31,000 stake in iShares Core S&P 500 ETF in the fourth quarter. Thompson Investment Management Inc. acquired $37,000 worth of shares in iShares Core S&P 500 ETF in the first quarter. Ables Iannone Moore & Associates Inc. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $44,000. Finally, Evolution Advisers Inc. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $48,000.
iShares Core S&P 500 ETF shares rose 0.6%
IVV opened trading at $557.76 on Friday. The iShares Core S&P 500 ETF’s low over the past 12 months is $411.02 and its high over the past 12 months is $558.06. The company has a market capitalization of $481.29 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average price is $534.53 and its 200-day moving average price is $512.52.
iShares Core S&P 500 ETF Company Profile
(Free report)
iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks to achieve investment results that generally correspond to the price and yield performance of the Standard & Poor’s 500 Index (the Index), which measures the performance of the large-capitalization sector of the U.S. equity market.
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