Klingman & Associates LLC Trims Stock Position in iShares Core S&P 500 ETF $IVV

Klingman & Associates LLC decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 507,621 shares of the company’s stock after selling 4,148 shares during the period. iShares Core S&P 500 ETF accounts for about 17.1% of Klingman & Associates LLC’s portfolio, making the stock its biggest position. Klingman & Associates LLC’s holdings in iShares Core S&P 500 ETF were worth $339,751,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Nvwm LLC raised its position in shares of iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after acquiring an additional 40 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth $61,000. Rice Partnership LLC grew its stake in shares of iShares Core S&P 500 ETF by 460.0% during the second quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the period. Creative Capital Management Investments LLC bought a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $80,000. Finally, Missouri Trust & Investment Co increased its holdings in iShares Core S&P 500 ETF by 33.0% in the second quarter. Missouri Trust & Investment Co now owns 133 shares of the company’s stock valued at $83,000 after purchasing an additional 33 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.5%

Shares of IVV opened at $693.49 on Thursday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $699.17. The stock has a market cap of $760.79 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average price is $684.02 and its two-hundred day moving average price is $663.50.

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.