iShares Core S&P 500 ETF $IVV Stock Position Lessened by MRA Advisory Group

MRA Advisory Group trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 48,057 shares of the company’s stock after selling 722 shares during the period. iShares Core S&P 500 ETF makes up 14.0% of MRA Advisory Group’s investment portfolio, making the stock its biggest position. MRA Advisory Group’s holdings in iShares Core S&P 500 ETF were worth $29,839,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IVV. New Vernon Capital Holdings II LLC raised its stake in shares of iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after buying an additional 5,708,115 shares during the last quarter. GAMMA Investing LLC boosted its stake in iShares Core S&P 500 ETF by 65,310.1% in the first quarter. GAMMA Investing LLC now owns 4,113,639 shares of the company’s stock valued at $2,311,454,000 after acquiring an additional 4,107,350 shares during the period. Millennium Management LLC boosted its stake in iShares Core S&P 500 ETF by 67.7% in the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock valued at $5,230,317,000 after acquiring an additional 3,757,143 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after buying an additional 2,703,613 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $660.72 on Monday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $662.46. The stock has a fifty day moving average of $640.31 and a 200-day moving average of $597.37. The company has a market capitalization of $665.54 billion, a PE ratio of 25.10 and a beta of 1.00.

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.