iShares Core S&P 500 ETF $IVV is Cynosure Group LLC’s 8th Largest Position

Cynosure Group LLC decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,599 shares of the company’s stock after selling 5,218 shares during the quarter. iShares Core S&P 500 ETF comprises 2.9% of Cynosure Group LLC’s holdings, making the stock its 8th largest position. Cynosure Group LLC’s holdings in iShares Core S&P 500 ETF were worth $26,504,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Flaharty Asset Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth $28,000. Nvwm LLC grew its holdings in shares of iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the period. Hager Investment Management Services LLC acquired a new stake in iShares Core S&P 500 ETF during the second quarter worth about $61,000. Rice Partnership LLC raised its stake in iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the period. Finally, Creative Capital Management Investments LLC purchased a new position in iShares Core S&P 500 ETF during the second quarter worth about $80,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $690.79 on Tuesday. The firm has a 50 day simple moving average of $682.62 and a 200-day simple moving average of $659.62. The stock has a market cap of $766.81 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $694.70.

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.