iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Decreased by Adventist Health System West

Adventist Health System West cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 68.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 204,550 shares of the company’s stock after selling 448,950 shares during the period. iShares Core S&P 500 ETF makes up 18.6% of Adventist Health System West’s portfolio, making the stock its 2nd largest holding. Adventist Health System West’s holdings in iShares Core S&P 500 ETF were worth $120,414,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IVV. Arvest Bank Trust Division purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth approximately $102,003,000. United Bank increased its stake in iShares Core S&P 500 ETF by 22.2% in the third quarter. United Bank now owns 1,079 shares of the company’s stock worth $622,000 after purchasing an additional 196 shares during the period. Loomis Sayles & Co. L P bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $63,000. Brooklyn Investment Group purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at $42,000. Finally, BNP Paribas grew its holdings in shares of iShares Core S&P 500 ETF by 10.6% in the third quarter. BNP Paribas now owns 2,492 shares of the company’s stock worth $1,437,000 after purchasing an additional 239 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $569.62 on Friday. The firm has a market capitalization of $548.54 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. The company has a 50-day moving average of $592.33 and a 200 day moving average of $589.39. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22.

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.