Sageworth Trust Co of South Dakota Increases Position in iShares Core S&P 500 ETF $IVV

Sageworth Trust Co of South Dakota lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 87.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,442 shares of the company’s stock after acquiring an additional 1,140 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.6% of Sageworth Trust Co of South Dakota’s investment portfolio, making the stock its 15th biggest position. Sageworth Trust Co of South Dakota’s holdings in iShares Core S&P 500 ETF were worth $1,516,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in 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 valued at $20,056,573,000 after buying an additional 2,160,133 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in 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 valued at $17,586,070,000 after buying an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC raised its stake in 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 valued at $13,921,238,000 after buying an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares Core S&P 500 ETF by 31.4% during the first 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 in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in iShares Core S&P 500 ETF by 1.0% during 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 buying an additional 146,638 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Down 0.0%

Shares of NYSEARCA IVV opened at $672.42 on Friday. The stock’s 50 day moving average price is $651.25 and its two-hundred day moving average price is $607.04. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $675.93. The stock has a market capitalization of $704.39 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.