iShares Core S&P 500 ETF $IVV is PFG Private Wealth Management LLC’s Largest Position

PFG Private Wealth Management LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,575 shares of the ETF’s stock after selling 6,022 shares during the period. iShares Core S&P 500 ETF accounts for about 13.0% of PFG Private Wealth Management LLC’s portfolio, making the stock its largest position. PFG Private Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $30,386,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Atria Investments Inc lifted its stake in shares of iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the ETF’s stock worth $172,181,000 after buying an additional 30,777 shares during the period. FDx Advisors Inc. increased its position in shares of iShares Core S&P 500 ETF by 40.7% in the 4th quarter. FDx Advisors Inc. now owns 13,997 shares of the ETF’s stock valued at $9,587,000 after acquiring an additional 4,051 shares during the period. Cornerstone Planning Group LLC increased its position in shares of iShares Core S&P 500 ETF by 55.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 17,958 shares of the ETF’s stock valued at $11,730,000 after acquiring an additional 6,417 shares during the period. Wealthquest Corp purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth $2,058,000. Finally, Bison Wealth LLC raised its stake in iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $765.35 on Wednesday. The stock has a 50-day moving average of $758.36 and a two-hundred day moving average of $725.41. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $783.09. The stock has a market cap of $888.99 billion, a P/E 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.