JDM Financial Group LLC Has $15.15 Million Holdings in iShares Core S&P 500 ETF $IVV

JDM Financial Group LLC decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 24,404 shares of the company’s stock after selling 32 shares during the period. iShares Core S&P 500 ETF makes up approximately 7.2% of JDM Financial Group LLC’s portfolio, making the stock its 4th largest position. JDM Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $15,152,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. New Vernon Capital Holdings II LLC raised its stake in shares of iShares Core S&P 500 ETF by 53,779.2% in the 1st 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 in the last quarter. JPMorgan Chase & Co. grew its holdings 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 purchasing an additional 5,708,115 shares during the last quarter. Millennium Management LLC raised its position in shares of iShares Core S&P 500 ETF by 67.7% in the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock valued at $5,230,317,000 after purchasing an additional 3,757,143 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 27.7% in the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after buying an additional 2,703,613 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 102.8% in the first quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock worth $2,912,851,000 after buying an additional 2,627,461 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.3%

NYSEARCA:IVV opened at $690.34 on Wednesday. The firm has a market capitalization of $724.51 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 $692.26. The firm’s fifty day simple moving average is $662.68 and its 200 day simple moving average is $622.40.

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.