Elm Partners Management LLC Has $8.81 Million Stock Position in iShares Core S&P 500 ETF $IVV

Elm Partners Management LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 46.7% in the second quarter, HoldingsChannel reports. The firm owned 14,189 shares of the company’s stock after selling 12,420 shares during the period. iShares Core S&P 500 ETF makes up approximately 0.5% of Elm Partners Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Elm Partners Management LLC’s holdings in iShares Core S&P 500 ETF were worth $8,810,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IVV. New Vernon Capital Holdings II LLC increased its position in shares of iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing 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 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after acquiring an additional 5,708,115 shares during the last quarter. Millennium Management LLC grew its holdings in iShares Core S&P 500 ETF by 67.7% during the 1st quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after acquiring an additional 3,757,143 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in iShares Core S&P 500 ETF by 27.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after acquiring an additional 2,703,613 shares during the last quarter. Finally, Wealthspire Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 102.8% during the 1st quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock worth $2,912,851,000 after acquiring 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 Stock Up 0.3%

Shares of NYSEARCA:IVV opened at $685.23 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $693.07. The company’s 50-day moving average price is $665.29 and its two-hundred day moving average price is $625.48. The firm has a market cap of $718.63 billion, a P/E ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF 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.