Johnson Financial Group Inc. Raises Position in iShares Core S&P 500 ETF $IVV

Johnson Financial Group Inc. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,076,986 shares of the company’s stock after purchasing an additional 27,088 shares during the period. iShares Core S&P 500 ETF accounts for about 30.1% of Johnson Financial Group Inc.’s investment portfolio, making the stock its biggest holding. Johnson Financial Group Inc. owned about 0.11% of iShares Core S&P 500 ETF worth $668,701,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVV. Flaharty Asset Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $28,000. Nvwm LLC boosted its holdings in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares during the period. Cheviot Value Management LLC acquired a new position in iShares Core S&P 500 ETF in the first quarter worth $52,000. Hager Investment Management Services LLC bought a new stake in iShares Core S&P 500 ETF during the second quarter valued at $61,000. Finally, Rice Partnership LLC raised its holdings in shares of iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.7%

IVV opened at $683.06 on Thursday. The company’s 50-day moving average price is $673.26 and its 200 day moving average price is $641.26. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $693.07. The firm has a market cap of $716.87 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.