iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Drive Wealth Management LLC

Drive Wealth Management LLC lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 47,402 shares of the company’s stock after selling 3,377 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 6.3% of Drive Wealth Management LLC’s investment portfolio, making the stock its largest holding. Drive Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $26,636,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $331,591,000. Sei Investments Co. grew its position in shares of iShares Core S&P 500 ETF by 1.0% during the 4th quarter. Sei Investments Co. now owns 7,393 shares of the company’s stock worth $4,352,000 after buying an additional 76 shares during the period. Vanguard Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 2.8% during the 4th quarter. Vanguard Group Inc. now owns 29,048 shares of the company’s stock worth $17,100,000 after buying an additional 804 shares during the period. Corebridge Financial Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $10,596,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.0%

NYSEARCA IVV opened at $637.58 on Friday. The company has a fifty day simple moving average of $609.72 and a 200 day simple moving average of $587.02. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $639.19. The company has a market cap of $642.46 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.