iShares Core S&P 500 ETF (NYSEARCA:IVV) is MV Capital Management Inc.’s 2nd Largest Position

MV Capital Management Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 135,704 shares of the company’s stock after selling 35 shares during the quarter. iShares Core S&P 500 ETF accounts for 8.2% of MV Capital Management Inc.’s holdings, making the stock its 2nd largest holding. MV Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $71,344,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock worth $16,112,762,000 after purchasing an additional 1,118,746 shares during the last quarter. Creative Planning increased its position in iShares Core S&P 500 ETF by 0.7% during the 4th quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after buying an additional 146,157 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares Core S&P 500 ETF by 86.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after buying an additional 8,316,251 shares in the last quarter. Morgan Stanley increased its position in iShares Core S&P 500 ETF by 42.9% during the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after buying an additional 5,277,616 shares in the last quarter. Finally, First Command Advisory Services Inc. increased its position in iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after buying an additional 50,070 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV traded up $3.50 during mid-day trading on Tuesday, hitting $551.91. 2,579,078 shares of the company’s stock traded hands, compared to its average volume of 5,382,727. The company has a fifty day moving average of $530.82 and a 200 day moving average of $510.57. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $553.25. The company has a market capitalization of $476.24 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.