iShares Core S&P 500 ETF $IVV is Conning Inc.’s 2nd Largest Position

Conning Inc. cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 99,405 shares of the company’s stock after selling 1,141 shares during the period. iShares Core S&P 500 ETF accounts for about 2.3% of Conning Inc.’s portfolio, making the stock its 2nd biggest position. Conning Inc.’s holdings in iShares Core S&P 500 ETF were worth $68,086,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Balanced Wealth Group LLC raised its holdings in shares of iShares Core S&P 500 ETF by 0.8% in the third quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock valued at $1,196,000 after purchasing an additional 15 shares during the last quarter. Nicollet Investment Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 1.0% during the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock worth $991,000 after purchasing an additional 15 shares during the last quarter. Anchor Investment Management LLC grew its position in iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock worth $337,000 after purchasing an additional 15 shares in the last quarter. Wealth Effects LLC grew its position in iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock worth $2,929,000 after purchasing an additional 15 shares in the last quarter. Finally, West Wealth Group LLC increased its stake in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after buying an additional 15 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.8%

iShares Core S&P 500 ETF stock opened at $751.56 on Friday. iShares Core S&P 500 ETF has a 52 week low of $578.31 and a 52 week high of $753.02. The company’s 50 day moving average price is $689.96 and its two-hundred day moving average price is $687.92. The stock has a market cap of $829.91 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.