Watermark Asset Management Inc. Trims Holdings in iShares Core S&P 500 ETF (IVV)

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Watermark Asset Management Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,507 shares of the company’s stock after selling 3,994 shares during the quarter. iShares Core S&P 500 ETF makes up 18.5% of Watermark Asset Management Inc.’s investment portfolio, making the stock its largest position. Watermark Asset Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $39,882,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IVV. SigFig Wealth Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 59.0% in the 2nd quarter. SigFig Wealth Management LLC now owns 82,852 shares of the company’s stock valued at $22,623,000 after purchasing an additional 30,731 shares in the last quarter. Ironwood Wealth Management LLC. grew its position in shares of iShares Core S&P 500 ETF by 0.4% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 101,958 shares of the company’s stock valued at $27,840,000 after buying an additional 448 shares during the last quarter. FMR LLC grew its position in shares of iShares Core S&P 500 ETF by 19.7% in the 2nd quarter. FMR LLC now owns 8,845,317 shares of the company’s stock valued at $2,415,213,000 after buying an additional 1,453,780 shares during the last quarter. United Services Automobile Association grew its position in shares of iShares Core S&P 500 ETF by 111.7% in the 2nd quarter. United Services Automobile Association now owns 1,841,258 shares of the company’s stock valued at $502,756,000 after buying an additional 971,587 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $573,000.

Shares of NYSEARCA:IVV opened at $260.37 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $235.46 and a fifty-two week high of $296.69.

The business also recently declared a quarterly dividend, which was paid on Friday, January 4th. Shareholders of record on Monday, December 31st were issued a dividend of $0.3223 per share. The ex-dividend date was Friday, December 28th. This represents a $1.29 annualized dividend and a yield of 0.50%.

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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.

See Also: What is a balanced fund?

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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