iShares Core S&P 500 ETF $IVV Position Reduced by MKP Capital Management L.L.C.

MKP Capital Management L.L.C. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 81.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,193,357 shares of the company’s stock after selling 9,553,917 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 69.9% of MKP Capital Management L.L.C.’s portfolio, making the stock its biggest holding. MKP Capital Management L.L.C. owned approximately 0.22% of iShares Core S&P 500 ETF worth $1,361,855,000 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. Holistic Financial Partners purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth about $429,000. Optivise Advisory Services LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 4.6% in the second quarter. Optivise Advisory Services LLC now owns 10,158 shares of the company’s stock worth $6,307,000 after buying an additional 445 shares in the last quarter. Next Capital Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 9.5% in the second quarter. Next Capital Management LLC now owns 64,149 shares of the company’s stock worth $39,830,000 after buying an additional 5,564 shares in the last quarter. Marion Wealth Management lifted its holdings in shares of iShares Core S&P 500 ETF by 92.3% in the second quarter. Marion Wealth Management now owns 2,148 shares of the company’s stock worth $1,334,000 after buying an additional 1,031 shares in the last quarter. Finally, Connable Office Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 29.2% in the second quarter. Connable Office Inc. now owns 1,546 shares of the company’s stock worth $960,000 after buying an additional 349 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.2%

Shares of iShares Core S&P 500 ETF stock opened at $686.69 on Tuesday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07. The company has a market cap of $720.37 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50-day moving average price is $666.11 and its 200-day moving average price is $627.28.

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.