Somnio Financial Group LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,765 shares of the ETF’s stock after selling 1,255 shares during the period. iShares Core S&P 500 ETF makes up about 26.9% of Somnio Financial Group LLC’s holdings, making the stock its biggest position. Somnio Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $44,239,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the business. Asset Management One Co. Ltd. increased its stake in shares of iShares Core S&P 500 ETF by 0.3% in the third quarter. Asset Management One Co. Ltd. now owns 3,263,041 shares of the ETF’s stock worth $2,499,000,000 after acquiring an additional 10,021 shares during the last quarter. WealthNavi Inc. boosted its position in iShares Core S&P 500 ETF by 9.9% during the third quarter. WealthNavi Inc. now owns 772,596 shares of the ETF’s stock valued at $591,693,000 after purchasing an additional 69,729 shares during the last quarter. Independence Bank of Kentucky grew its stake in iShares Core S&P 500 ETF by 3.3% in the third quarter. Independence Bank of Kentucky now owns 7,431 shares of the ETF’s stock valued at $5,691,000 after purchasing an additional 235 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $31,380,000. Finally, MBE Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 0.7% in the third quarter. MBE Wealth Management LLC now owns 18,432 shares of the ETF’s stock valued at $14,116,000 after purchasing an additional 127 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Price Performance
Shares of IVV stock opened at $772.97 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $785.03. The stock’s 50-day moving average is $771.01 and its two-hundred day moving average is $731.50. The firm has a market cap of $885.67 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. 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.
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