Pembroke Management LTD Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pembroke Management LTD trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 24,334 shares of the company’s stock after selling 122 shares during the period. iShares Core S&P 500 ETF makes up about 1.8% of Pembroke Management LTD’s investment portfolio, making the stock its 23rd largest position. Pembroke Management LTD’s holdings in iShares Core S&P 500 ETF were worth $14,325,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SYM FINANCIAL Corp purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $30,000. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Ulland Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Safe Harbor Fiduciary LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth about $33,000. Finally, Cedar Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.3 %

NYSEARCA IVV opened at $614.48 on Wednesday. iShares Core S&P 500 ETF has a 1-year low of $495.94 and a 1-year high of $614.48. The stock has a 50-day moving average of $601.00 and a 200-day moving average of $584.52. The firm has a market cap of $530.23 billion, a PE ratio of 25.23 and a beta of 0.99.

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.