iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,141 shares of the company’s stock after selling 12,232 shares during the period. iShares Core S&P 500 ETF accounts for approximately 7.7% of Pettinga Financial Advisors LLC’s holdings, making the stock its biggest position. Pettinga Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $32,669,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after acquiring an additional 2,160,133 shares during the period. Marshall Wace LLP boosted its holdings in shares of iShares Core S&P 500 ETF by 1.9% during the 4th quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after buying an additional 446,000 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of iShares Core S&P 500 ETF by 11.8% during the 4th quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock worth $10,509,189,000 after buying an additional 1,885,907 shares during the period. Prudential Financial Inc. raised its stake in iShares Core S&P 500 ETF by 142.1% during the 4th quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock valued at $6,834,161,000 after purchasing an additional 6,813,214 shares during the last quarter. Finally, First Command Advisory Services Inc. raised its stake in iShares Core S&P 500 ETF by 12.1% during the 1st quarter. First Command Advisory Services Inc. now owns 9,941,646 shares of the company’s stock valued at $5,586,986,000 after purchasing an additional 1,070,974 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 0.4%

IVV opened at $624.99 on Wednesday. The stock has a market capitalization of $629.11 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 $630.86. The firm has a 50-day moving average price of $602.32 and a two-hundred day moving average price of $584.99.

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.