iShares Core S&P 500 ETF $IVV is KPP Advisory Services LLC’s Largest Position

KPP Advisory Services LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the second quarter, HoldingsChannel reports. The firm owned 35,335 shares of the company’s stock after purchasing an additional 516 shares during the period. iShares Core S&P 500 ETF comprises 5.5% of KPP Advisory Services LLC’s holdings, making the stock its biggest position. KPP Advisory Services LLC’s holdings in iShares Core S&P 500 ETF were worth $21,940,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after purchasing an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 worth $17,586,070,000 after buying an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC grew its holdings in iShares Core S&P 500 ETF by 53,779.2% in the 1st 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. increased its stake in shares of iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after acquiring an additional 5,708,115 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of 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 acquiring an additional 146,638 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.6%

Shares of IVV opened at $676.42 on Thursday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $676.49. The firm has a market capitalization of $708.14 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average price of $653.40 and a 200 day moving average price of $608.99.

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.