Cypress Capital Group Lowers Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

by · The Cerbat Gem

Cypress Capital Group cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 89,243 shares of the company’s stock after selling 1,733 shares during the period. iShares Core S&P 500 ETF comprises approximately 5.8% of Cypress Capital Group’s holdings, making the stock its largest position. Cypress Capital Group’s holdings in iShares Core S&P 500 ETF were worth $51,477,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IVV. Compass Ion Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 27.5% in the third quarter. Compass Ion Advisors LLC now owns 10,567 shares of the company’s stock valued at $6,096,000 after acquiring an additional 2,278 shares in the last quarter. Covestor Ltd grew its stake in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after acquiring an additional 61 shares in the last quarter. Vanguard Group Inc. increased its holdings in iShares Core S&P 500 ETF by 10.0% in the 1st quarter. Vanguard Group Inc. now owns 24,698 shares of the company’s stock valued at $12,984,000 after acquiring an additional 2,252 shares during the last quarter. Bluesphere Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 1.8% in the 3rd quarter. Bluesphere Advisors LLC now owns 77,786 shares of the company’s stock worth $44,869,000 after purchasing an additional 1,405 shares in the last quarter. Finally, Anchor Capital Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 4.2% during the 2nd quarter. Anchor Capital Advisors LLC now owns 1,257 shares of the company’s stock valued at $688,000 after purchasing an additional 51 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.0 %

Shares of IVV stock opened at $593.44 on Thursday. iShares Core S&P 500 ETF has a 12-month low of $454.06 and a 12-month high of $603.09. The stock’s 50-day moving average price is $580.94 and its 200-day moving average price is $557.68. The stock has a market capitalization of $512.08 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

(Free Report)

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.

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