Kedalion Capital Management LLP Has $1.60 Billion Stock Position in iShares Core S&P 500 ETF $IVV

Kedalion Capital Management LLP trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 27.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,385,000 shares of the company’s stock after selling 911,000 shares during the period. iShares Core S&P 500 ETF accounts for approximately 59.9% of Kedalion Capital Management LLP’s holdings, making the stock its largest position. Kedalion Capital Management LLP owned about 0.23% of iShares Core S&P 500 ETF worth $1,596,280,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of IVV. Forza Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 28.7% during the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after acquiring an additional 1,438 shares in the last quarter. Fortitude Family Office LLC lifted its stake in iShares Core S&P 500 ETF by 13.4% in the 3rd quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after purchasing an additional 5,800 shares in the last quarter. Community Trust & Investment Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 29.9% during the 3rd quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock valued at $2,887,000 after purchasing an additional 992 shares during the last quarter. Legacy Wealth Management Inc grew its position in shares of iShares Core S&P 500 ETF by 1.4% during the third quarter. Legacy Wealth Management Inc now owns 537,532 shares of the company’s stock valued at $359,770,000 after purchasing an additional 7,487 shares in the last quarter. Finally, Cobblestone Asset Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 10.1% in the third quarter. Cobblestone Asset Management LLC now owns 21,216 shares of the company’s stock worth $14,200,000 after purchasing an additional 1,941 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 Trading Up 0.7%

NYSEARCA:IVV opened at $697.08 on Friday. The company has a market capitalization of $772.02 billion, a P/E 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 $698.37. The business’s 50-day moving average is $683.17 and its 200 day moving average is $661.41.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.