Patten Group Inc. reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,075 shares of the company’s stock after selling 338 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 1.5% of Patten Group Inc.’s investment portfolio, making the stock its 12th largest position. Patten Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $6,876,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Members Trust Co grew its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Members Trust Co now owns 1,924 shares of the company’s stock worth $1,195,000 after buying an additional 22 shares in the last quarter. Sentry LLC boosted its position in iShares Core S&P 500 ETF by 7.2% during the second quarter. Sentry LLC now owns 19,476 shares of the company’s stock worth $12,092,000 after acquiring an additional 1,309 shares during the last quarter. Phillips Financial Management LLC grew its stake in iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Phillips Financial Management LLC now owns 246,492 shares of the company’s stock valued at $153,047,000 after acquiring an additional 1,926 shares in the last quarter. Chokshi & Queen Wealth Advisors Inc raised its holdings in iShares Core S&P 500 ETF by 4.4% in the 2nd quarter. Chokshi & Queen Wealth Advisors Inc now owns 65,080 shares of the company’s stock valued at $40,408,000 after acquiring an additional 2,725 shares during the last quarter. Finally, Gimbal Financial raised its holdings in iShares Core S&P 500 ETF by 30.1% in the 2nd quarter. Gimbal Financial now owns 39,186 shares of the company’s stock valued at $24,330,000 after acquiring an additional 9,073 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Price Performance
IVV opened at $674.97 on Friday. The company’s 50 day simple moving average is $660.21 and its two-hundred day simple moving average is $617.66. The firm has a market capitalization of $707.94 billion, a price-to-earnings 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 $677.20.
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.
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