Graves Light Lenhart Wealth Inc. Cuts Stock Position in iShares Core S&P 500 ETF $IVV

Graves Light Lenhart Wealth Inc. lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,044 shares of the company’s stock after selling 18 shares during the period. Graves Light Lenhart Wealth Inc.’s holdings in iShares Core S&P 500 ETF were worth $6,857,000 as of its most recent SEC filing.

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

iShares Core S&P 500 ETF Trading Down 0.4%

NYSEARCA:IVV opened at $661.30 on Wednesday. The company has a market cap of $666.13 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $664.38. The company’s 50 day moving average is $641.87 and its two-hundred day moving average is $598.28.

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.