PFG Private Wealth Management LLC lowered its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 12.9% during the second quarter, Holdings Channel reports. The fund owned 40,575 shares of the ETF’s stock after selling 6,022 shares during the quarter. iShares Core S&P 500 ETF makes up 13.0% of PFG Private Wealth Management LLC’s holdings, making the stock its largest holding. PFG Private Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $30,386,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $26,000. Punch & Associates Investment Management Inc. grew its position in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the period. GS Investments Inc. raised its stake in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares during the last quarter. Allied Private Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at about $33,000. Finally, Imprint Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Down 0.7%
Shares of IVV stock opened at $765.35 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $783.09. The stock has a market cap of $888.99 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50-day simple moving average of $758.36 and a 200-day simple moving average of $725.41.
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. 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.
See Also
- Five stocks we like better than iShares Core S&P 500 ETF
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
