iShares Core S&P 500 ETF (NYSEARCA:IVV) is KFA Private Wealth Group LLC’s Largest Position

KFA Private Wealth Group LLC lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 47.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 65,195 shares of the company’s stock after selling 58,771 shares during the period. iShares Core S&P 500 ETF accounts for approximately 18.5% of KFA Private Wealth Group LLC’s portfolio, making the stock its biggest holding. KFA Private Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $35,677,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Burkett Financial Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $31,000. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at about $36,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $37,000. Covestor Ltd increased its position in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $44,000.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $551.76 on Wednesday. The firm has a 50 day simple moving average of $552.51 and a 200-day simple moving average of $534.28. The stock has a market cap of $476.11 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $568.24.

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.