iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Newport Capital Group LLC

Newport Capital Group LLC lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,593 shares of the company’s stock after selling 1,281 shares during the quarter. iShares Core S&P 500 ETF makes up about 2.4% of Newport Capital Group LLC’s investment portfolio, making the stock its 12th largest holding. Newport Capital Group LLC’s holdings in iShares Core S&P 500 ETF were worth $3,293,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC lifted its stake in iShares Core S&P 500 ETF by 67,668.9% during the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after purchasing an additional 10,232,214 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $5,813,061,000. MKP Capital Management L.L.C. bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $1,568,883,000. JPMorgan Chase & Co. lifted its stake in iShares Core S&P 500 ETF by 11.7% during the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in iShares Core S&P 500 ETF by 57,207.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,048,157 shares of the company’s stock worth $1,205,709,000 after purchasing an additional 2,044,583 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $612.68 on Friday. The stock has a market capitalization of $528.68 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $495.94 and a 12-month high of $613.93. The business’s fifty day moving average price is $600.69 and its 200 day moving average price is $582.57.

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.