Compass Financial Group Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 5.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,189 shares of the company’s stock after selling 2,656 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 13.9% of Compass Financial Group Inc.’s holdings, making the stock its biggest position. Compass Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $30,914,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P 500 ETF by 3.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after acquiring an additional 1,190,963 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Core S&P 500 ETF by 18.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Creative Planning grew its holdings in iShares Core S&P 500 ETF by 1.8% during the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after buying an additional 398,230 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of iShares Core S&P 500 ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock valued at $11,437,403,000 after buying an additional 601,254 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 Stock Performance
IVV stock opened at $680.52 on Friday. The company’s fifty day moving average price is $689.91 and its 200-day moving average price is $670.64. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $700.97. The company has a market capitalization of $748.03 billion, a PE ratio of 25.10 and a beta of 1.00.
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. 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.
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