iShares Core S&P 500 ETF $IVV is Spreng Capital Management Inc.’s Largest Position

Spreng Capital Management Inc. lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,239 shares of the company’s stock after selling 5,071 shares during the quarter. iShares Core S&P 500 ETF makes up 19.3% of Spreng Capital Management Inc.’s holdings, making the stock its largest position. Spreng Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $48,350,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IVV. Flaharty Asset Management LLC acquired a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at $28,000. Nvwm LLC grew its position 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 purchased a new stake in shares of iShares Core S&P 500 ETF during the second quarter worth about $61,000. Rice Partnership LLC increased its stake in shares of 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 in the last quarter. Finally, Creative Capital Management Investments LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth about $80,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.7%

Shares of iShares Core S&P 500 ETF stock opened at $690.79 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $694.70. The firm has a market capitalization of $766.81 billion, a PE ratio of 25.10 and a beta of 1.00. The firm’s 50-day moving average price is $682.62 and its 200 day moving average price is $659.62.

iShares Core S&P 500 ETF 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. 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.