Destiny Wealth Partners LLC Lowers Position in iShares Core S&P 500 ETF $IVV

Destiny Wealth Partners LLC lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,257 shares of the company’s stock after selling 99 shares during the period. Destiny Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $1,401,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IVV. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after acquiring an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after acquiring an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC boosted its stake in shares of iShares Core S&P 500 ETF by 53,779.2% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after buying an additional 24,729,312 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after buying an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 1.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after buying an additional 146,638 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.6%

IVV stock opened at $664.89 on Friday. The business has a 50 day moving average price of $647.76 and a 200 day moving average price of $603.33. The stock has a market cap of $669.74 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $670.55.

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.