iShares Core S&P 500 ETF $IVV Shares Sold by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.8% in the first quarter, Holdings Channel.com reports. The fund owned 28,043 shares of the company’s stock after selling 4,853 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 4.4% of Outlook Wealth Advisors LLC’s portfolio, making the stock its biggest holding. Outlook Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $18,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Core S&P 500 ETF Stock Down 1.4%

Shares of NYSEARCA IVV opened at $737.14 on Wednesday. The firm has a 50-day simple moving average of $736.39 and a 200-day simple moving average of $701.58. The stock has a market capitalization of $813.99 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $606.31 and a 52 week high of $764.00.

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.