Conning Inc. Decreases Stock Holdings in iShares Core S&P 500 ETF $IVV

Conning Inc. lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the third quarter, HoldingsChannel.com reports. The firm owned 100,546 shares of the company’s stock after selling 1,282 shares during the quarter. iShares Core S&P 500 ETF comprises 2.2% of Conning Inc.’s investment portfolio, making the stock its 2nd largest position. Conning Inc.’s holdings in iShares Core S&P 500 ETF were worth $67,295,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IVV. Nvwm LLC raised its position in shares of iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares during the last quarter. Hager Investment Management Services LLC acquired a new stake in iShares Core S&P 500 ETF in the second quarter worth about $61,000. Rice Partnership LLC raised its holdings in iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the last quarter. Creative Capital Management Investments LLC acquired a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at about $80,000. Finally, Missouri Trust & Investment Co boosted its stake in shares of iShares Core S&P 500 ETF by 33.0% in the 2nd quarter. Missouri Trust & Investment Co now owns 133 shares of the company’s stock valued at $83,000 after purchasing an additional 33 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $695.32 on Friday. The stock has a market cap of $762.80 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average of $684.45 and a 200-day moving average of $663.72. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $699.17.

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. 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.