United Capital Management of KS Inc. Has $2.75 Million Holdings in iShares Core S&P 500 ETF $IVV

United Capital Management of KS Inc. cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,429 shares of the company’s stock after selling 171 shares during the period. United Capital Management of KS Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,750,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $331,591,000. Bison Wealth LLC boosted its position in shares of iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after acquiring an additional 1,511 shares during the period. Wealth Group Ltd. boosted its position in shares of iShares Core S&P 500 ETF by 1.2% in the first quarter. Wealth Group Ltd. now owns 197,096 shares of the company’s stock valued at $110,748,000 after acquiring an additional 2,271 shares during the period. NorthStar Asset Management LLC NJ acquired a new stake in iShares Core S&P 500 ETF in the 1st quarter worth about $4,503,000. Finally, Bernardo Wealth Planning LLC raised its stake in iShares Core S&P 500 ETF by 2.7% in the 1st quarter. Bernardo Wealth Planning LLC now owns 78,020 shares of the company’s stock worth $43,839,000 after purchasing an additional 2,059 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 1.2%

Shares of iShares Core S&P 500 ETF stock opened at $688.60 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $688.91. The company has a 50-day simple moving average of $661.73 and a two-hundred day simple moving average of $621.26. The stock has a market capitalization of $722.69 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.