iShares Core S&P 500 ETF $IVV is JGP Wealth Management LLC’s Largest Position

JGP Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 214,133 shares of the ETF’s stock after purchasing an additional 25,549 shares during the quarter. iShares Core S&P 500 ETF accounts for 14.4% of JGP Wealth Management LLC’s investment portfolio, making the stock its biggest holding. JGP Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $160,362,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Mechanics Bank Trust Department grew its stake in iShares Core S&P 500 ETF by 91.7% in the second quarter. Mechanics Bank Trust Department now owns 4,576 shares of the ETF’s stock valued at $3,427,000 after purchasing an additional 2,189 shares in the last quarter. Balefire LLC grew its holdings in iShares Core S&P 500 ETF by 244.6% during the second quarter. Balefire LLC now owns 17,608 shares of the ETF’s stock valued at $13,187,000 after purchasing an additional 12,499 shares during the last quarter. Tlwm bought a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $473,000. GAMMA Investing LLC lifted its stake in shares of iShares Core S&P 500 ETF by 19.5% in the second quarter. GAMMA Investing LLC now owns 7,859 shares of the ETF’s stock worth $5,886,000 after buying an additional 1,284 shares during the last quarter. Finally, Crescent Sterling Ltd. lifted its stake in shares of iShares Core S&P 500 ETF by 13.3% in the second quarter. Crescent Sterling Ltd. now owns 367 shares of the ETF’s stock worth $275,000 after buying an additional 43 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 0.2%

NYSEARCA:IVV opened at $773.36 on Thursday. The firm has a market capitalization of $898.30 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $631.19 and a 1 year high of $780.64. The firm’s fifty day simple moving average is $749.43 and its 200 day simple moving average is $714.75.

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.