Hollencrest Capital Management Reduces Holdings in iShares Core S&P 500 ETF $IVV

Hollencrest Capital Management trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 76.7% in the 1st quarter, Holdings Channel reports. The firm owned 16,542 shares of the ETF’s stock after selling 54,357 shares during the quarter. Hollencrest Capital Management’s holdings in iShares Core S&P 500 ETF were worth $10,805,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $331,591,000. Bison Wealth LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock worth $3,512,000 after acquiring an additional 45 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock worth $4,340,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Sei Investments Co. grew its position in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock worth $5,250,000 after acquiring an additional 97 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 Performance

Shares of NYSEARCA:IVV opened at $746.72 on Monday. The firm has a market capitalization of $879.71 billion, a PE 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 firm has a fifty day moving average of $748.30 and a 200 day moving average of $709.41.

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.