Jackson Wealth Management LLC Trims Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Jackson Wealth Management LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,495 shares of the company’s stock after selling 79 shares during the period. iShares Core S&P 500 ETF accounts for about 2.2% of Jackson Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Jackson Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $18,259,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Windsor Advisory Group LLC grew its holdings in shares of iShares Core S&P 500 ETF by 100.0% in the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after purchasing an additional 25 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at $30,000. Sellwood Investment Partners LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $32,000. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $33,000. Finally, Navigoe LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $38,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.8%

iShares Core S&P 500 ETF stock opened at $628.17 on Friday. The company’s 50-day moving average price is $593.20 and its 200-day moving average price is $583.64. The company has a market cap of $632.47 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $629.25.

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.