iShares Core S&P 500 ETF $IVV Shares Sold by Plan Group Financial LLC

Plan Group Financial LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.3% during the third quarter, HoldingsChannel reports. The fund owned 7,713 shares of the company’s stock after selling 1,180 shares during the period. iShares Core S&P 500 ETF comprises 1.4% of Plan Group Financial LLC’s holdings, making the stock its 17th biggest position. Plan Group Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $5,162,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core S&P 500 ETF by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after purchasing an additional 1,190,963 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 18.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after buying an additional 4,378,977 shares during the period. Creative Planning raised its holdings in iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after buying an additional 398,230 shares during the period. PNC Financial Services Group Inc. lifted its position in iShares Core S&P 500 ETF by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after buying an additional 105,099 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 56.2% during the third quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock worth $8,001,639,000 after buying an additional 4,301,015 shares during the period. 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 opened at $693.49 on Thursday. The firm has a 50-day simple moving average of $684.02 and a two-hundred day simple moving average of $663.50. The stock has a market cap of $760.79 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $699.17.

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. 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.