Conning Inc. Lowers Stock Position in iShares Core S&P 500 ETF $IVV

Conning Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,462 shares of the company’s stock after selling 943 shares during the period. iShares Core S&P 500 ETF accounts for about 2.1% of Conning Inc.’s portfolio, making the stock its 2nd biggest position. Conning Inc.’s holdings in iShares Core S&P 500 ETF were worth $64,316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. Keenan LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $29,000. GS Investments Inc. raised its position in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $38,000. Finally, Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $758.11 on Friday. The business has a fifty day moving average price of $746.21 and a two-hundred day moving average price of $707.12. The stock has a market capitalization of $896.16 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $621.05 and a fifty-two week high of $764.00.

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.