iShares Core S&P 500 ETF $IVV Position Lessened by JSF Financial LLC

JSF Financial LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.4% during the second quarter, HoldingsChannel reports. The fund owned 131,982 shares of the company’s stock after selling 4,715 shares during the quarter. iShares Core S&P 500 ETF comprises about 19.5% of JSF Financial LLC’s holdings, making the stock its largest position. JSF Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $81,948,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after buying an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after buying an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC grew its stake in iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after buying an additional 5,708,115 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after buying an additional 146,638 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $672.42 on Wednesday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $676.25. The stock’s fifty day moving average price is $652.63 and its 200 day moving average price is $608.52. The company has a market cap of $703.96 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.