Retirement Systems of Alabama Decreases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Retirement Systems of Alabama trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,774 shares of the company’s stock after selling 557 shares during the period. Retirement Systems of Alabama’s holdings in iShares Core S&P 500 ETF were worth $16,939,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in shares of iShares Core S&P 500 ETF by 67,668.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after purchasing an additional 10,232,214 shares during the last quarter. Nisa Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $5,813,061,000. JPMorgan Chase & Co. increased its holdings in iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after buying an additional 2,187,803 shares during the last quarter. Assetmark Inc. raised its stake in iShares Core S&P 500 ETF by 788.4% in the third quarter. Assetmark Inc. now owns 1,179,310 shares of the company’s stock valued at $680,249,000 after buying an additional 1,046,567 shares in the last quarter. Finally, Alaska Permanent Fund Corp lifted its holdings in iShares Core S&P 500 ETF by 40.8% during the 4th quarter. Alaska Permanent Fund Corp now owns 1,995,000 shares of the company’s stock worth $1,174,417,000 after buying an additional 577,916 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $609.40 on Friday. iShares Core S&P 500 ETF has a 1 year low of $493.07 and a 1 year high of $613.79. The stock has a market cap of $525.85 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock has a 50-day simple moving average of $600.55 and a 200-day simple moving average of $580.34.

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.