iShares Core S&P 500 ETF $IVV is Spectrum Strategic Capital Management LLC’s 2nd Largest Position

Spectrum Strategic Capital Management LLC decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 61.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 21,783 shares of the company’s stock after selling 34,936 shares during the quarter. iShares Core S&P 500 ETF comprises about 6.8% of Spectrum Strategic Capital Management LLC’s holdings, making the stock its 2nd biggest position. Spectrum Strategic Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $13,525,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after buying an additional 2,160,133 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core S&P 500 ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after buying an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC grew its holdings in shares of iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after purchasing an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after purchasing 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 Trading Up 0.4%

Shares of IVV opened at $671.84 on Thursday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $672.62. The firm has a 50-day moving average price of $649.90 and a 200 day moving average price of $605.30. The firm has a market capitalization of $676.74 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.