Sentinel Advisory Group LLC Makes New $41.79 Million Investment in iShares Core S&P 500 ETF $IVV

Sentinel Advisory Group LLC bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the first quarter, Holdings Channel reports. The firm bought 63,977 shares of the ETF’s stock, valued at approximately $41,790,000. iShares Core S&P 500 ETF makes up 20.4% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its largest holding.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Heck Capital Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at $331,591,000. Bison Wealth LLC increased its position in iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after purchasing an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock worth $3,512,000 after purchasing an additional 45 shares in the last quarter. First Trust Advisors LP raised its stake in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock worth $4,340,000 after purchasing an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after buying an additional 97 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $742.36 on Friday. The stock has a market cap of $869.34 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $748.47 and a 200 day simple moving average of $711.34. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week high of $764.00.

More iShares Core S&P 500 ETF News

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Negative Sentiment: The S&P 500 ended a choppy week in the red, falling 0.6% and logging a second straight weekly decline, which can weigh on IVV because it mirrors the index. S&P 500 Snapshot: Index Ends Choppy Week in the Red
• Negative Sentiment: Rising Treasury yields and a spike in oil prices have pressured stocks, with traders watching for more volatility and possible further downside in the S&P 500. S&P 500 Slides as Rising Treasury Yields Pressure Stocks
• Negative Sentiment: Options traders are eyeing key “risk pivot” levels as the S&P 500 sells off, suggesting markets remain fragile and could stay choppy near term. As the S&P 500 sells off, traders eye key ‘risk pivot’ level
• Neutral Sentiment: Friday’s U.S. trading session was mixed, with the Dow supported by Apple while semiconductor weakness held back the broader market, leaving the S&P 500 near flat on the day. Dow gains as Apple offsets chip weakness, S&P 500 closes near flat
• Neutral Sentiment: Commentary on BlackRock’s iShares franchise and broad S&P 500 exposure highlights the ETF’s size and popularity, but does not indicate a direct catalyst for IVV’s price. Inside the Success of BlackRock’s iShares ETFs

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.