Steel Grove Capital Advisors LLC Has $17.20 Million Stock Position in iShares Core S&P 500 ETF $IVV

Steel Grove Capital Advisors LLC trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.4% during the second quarter, Holdings Channel reports. The fund owned 27,706 shares of the company’s stock after selling 116 shares during the quarter. iShares Core S&P 500 ETF accounts for 2.0% of Steel Grove Capital Advisors LLC’s holdings, making the stock its 7th largest position. Steel Grove Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $17,203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Johnson Bixby & Associates LLC lifted its stake in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock worth $871,000 after buying an additional 16 shares during the last quarter. Activest Wealth Management boosted its holdings 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 acquiring an additional 17 shares during the period. Greenfield Savings Bank grew its position in shares of iShares Core S&P 500 ETF by 2.0% in 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 last quarter. Next Level Private LLC increased its stake in shares of iShares Core S&P 500 ETF by 1.6% in the second quarter. Next Level Private LLC now owns 1,089 shares of the company’s stock worth $676,000 after purchasing an additional 17 shares during the period. Finally, Defined Financial Planning LLC lifted its position in shares of iShares Core S&P 500 ETF by 3.7% during the 2nd quarter. Defined Financial Planning LLC now owns 480 shares of the company’s stock worth $300,000 after purchasing an additional 17 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 0.6%

Shares of NYSEARCA:IVV opened at $674.97 on Friday. The company has a market cap of $707.94 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average price of $660.21 and a 200 day moving average price of $617.66. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $677.20.

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.