Smart Money Group LLC Sells 279 Shares of iShares Core S&P 500 ETF $IVV

Smart Money Group LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,858 shares of the company’s stock after selling 279 shares during the period. Smart Money Group LLC’s holdings in iShares Core S&P 500 ETF were worth $1,154,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings 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 valued at $17,586,070,000 after buying an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC increased its position in iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after acquiring an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Core S&P 500 ETF by 31.4% during the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after acquiring an additional 5,708,115 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after acquiring an additional 146,638 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares Core S&P 500 ETF by 21.5% in the 1st quarter. Jones Financial Companies Lllp now owns 14,644,144 shares of the company’s stock worth $7,861,763,000 after acquiring an additional 2,592,493 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 1.1%

IVV stock opened at $673.52 on Friday. The stock has a market cap of $706.86 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The company has a 50-day moving average price of $667.77 and a 200 day moving average price of $629.01.

About iShares Core S&P 500 ETF

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.