Congress Asset Management Co. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 71.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,301 shares of the company’s stock after selling 3,265 shares during the period. Congress Asset Management Co.’s holdings in iShares Core S&P 500 ETF were worth $808,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of 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. Lord & Richards Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at about $31,000. Marquette Asset Management LLC raised its holdings in iShares Core S&P 500 ETF by 51.9% in the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after buying an additional 27 shares during the period. Cheviot Value Management LLC purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at about $52,000. Finally, Inlight Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at about $60,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.6%
Shares of IVV opened at $664.89 on Friday. The firm has a market cap of $669.74 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $670.55. The company’s 50-day moving average price is $647.76 and its 200 day moving average price is $603.33.
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.
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