iShares Core S&P 500 ETF (NYSEARCA:IVV) Position Cut by Principal Financial Group Inc.

Principal Financial Group Inc. trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 916,070 shares of the company’s stock after selling 5,045 shares during the quarter. Principal Financial Group Inc. owned approximately 0.11% of iShares Core S&P 500 ETF worth $528,407,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IVV. Proffitt & Goodson Inc. raised its stake in iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the period. TruWealth Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 2.0% during the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares during the period. Global Trust Asset Management LLC grew its position in shares of iShares Core S&P 500 ETF by 5.3% in the 2nd quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after purchasing an additional 19 shares during the period. Indiana Trust & Investment Management Co raised its holdings in iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. Indiana Trust & Investment Management Co now owns 3,524 shares of the company’s stock worth $2,033,000 after buying an additional 19 shares during the period. Finally, MTM Investment Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 6.9% in the second quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock valued at $169,000 after buying an additional 20 shares during the period.

iShares Core S&P 500 ETF Stock Up 2.5 %

Shares of NYSEARCA:IVV opened at $593.93 on Thursday. The firm has a market cap of $512.50 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $435.37 and a 12 month high of $594.80. The company’s fifty day simple moving average is $572.83 and its 200 day simple moving average is $551.48.

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.