Kraft Davis & Associates LLC cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,780 shares of the company’s stock after selling 939 shares during the period. iShares Core S&P 500 ETF accounts for 5.5% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 3rd largest holding. Kraft Davis & Associates LLC’s holdings in iShares Core S&P 500 ETF were worth $22,803,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of IVV. Nvwm LLC increased its holdings in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after acquiring an additional 40 shares during the last quarter. Hager Investment Management Services LLC acquired a new position in iShares Core S&P 500 ETF in the second quarter valued at approximately $61,000. Winnow Wealth LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at approximately $61,000. Rice Partnership LLC increased its stake in iShares Core S&P 500 ETF by 460.0% in the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares during the last quarter. Finally, Conquis Financial LLC acquired a new stake in iShares Core S&P 500 ETF during the third quarter worth approximately $82,000. 70.12% of the stock is owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Trading Up 1.9%
Shares of NYSEARCA:IVV opened at $693.78 on Friday. The firm has a 50 day simple moving average of $690.05 and a 200-day simple moving average of $671.07. The company has a market capitalization of $762.60 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97.
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.
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