Steel Grove Capital Advisors LLC Has $14.84 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Steel Grove Capital Advisors LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 27,116 shares of the company’s stock after selling 1,895 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 2.0% of Steel Grove Capital Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Steel Grove Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $14,839,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after purchasing an additional 7,615,287 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Core S&P 500 ETF by 21.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after buying an additional 6,319,531 shares during the last quarter. Alberta Investment Management Corp bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $1,128,876,000. Pathstone Holdings LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $1,083,439,000. Finally, Strategic Financial Concepts LLC raised its position in shares of iShares Core S&P 500 ETF by 16,180.5% during the second quarter. Strategic Financial Concepts LLC now owns 2,130,469 shares of the company’s stock worth $11,659,000 after acquiring an additional 2,117,383 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 0.2 %

Shares of IVV opened at $572.99 on Monday. The stock’s fifty day simple moving average is $553.67 and its 200-day simple moving average is $537.38. The firm has a market capitalization of $494.43 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $576.10.

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.