iShares Core S&P 500 ETF $IVV Position Cut by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,204 shares of the company’s stock after selling 10,937 shares during the period. iShares Core S&P 500 ETF accounts for about 6.4% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 2nd biggest position. Pettinga Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $29,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Johnson Bixby & Associates LLC raised its position in iShares Core S&P 500 ETF by 1.2% during the second quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock valued at $871,000 after purchasing an additional 16 shares during the period. Activest Wealth Management raised its position in iShares Core S&P 500 ETF by 1.5% during the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock valued at $643,000 after purchasing an additional 17 shares during the period. Greenfield Savings Bank raised its position in iShares Core S&P 500 ETF by 2.0% during the second quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock valued at $540,000 after purchasing an additional 17 shares during the period. Next Level Private LLC raised its position in iShares Core S&P 500 ETF by 1.6% during the second quarter. Next Level Private LLC now owns 1,089 shares of the company’s stock valued at $676,000 after purchasing an additional 17 shares during the period. Finally, Defined Financial Planning LLC raised its position in iShares Core S&P 500 ETF by 3.7% during the second quarter. Defined Financial Planning LLC now owns 480 shares of the company’s stock valued at $300,000 after purchasing an additional 17 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $667.69 on Friday. The business’s 50 day moving average price is $657.92 and its 200-day moving average price is $613.70. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $677.20. The company has a market cap of $697.67 billion, a price-to-earnings 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.