iShares Core S&P 500 ETF $IVV Shares Sold by Procyon Advisors LLC

Procyon Advisors LLC lowered its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.5% in the second quarter, HoldingsChannel reports. The fund owned 4,448 shares of the company’s stock after selling 882 shares during the quarter. Procyon Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,761,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after acquiring an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core S&P 500 ETF by 2.5% in 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 purchasing an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC grew its position in shares of iShares Core S&P 500 ETF by 53,779.2% in 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 purchasing an additional 24,729,312 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after purchasing an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 1.0% in 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 purchasing 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 Stock Down 0.4%

Shares of NYSEARCA IVV opened at $661.30 on Wednesday. The company’s 50-day simple moving average is $641.87 and its 200-day simple moving average is $598.28. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $664.38. The firm has a market cap of $666.13 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.