Principal Financial Group Inc. Sells 36,490 Shares of iShares Core S&P 500 ETF $IVV

Principal Financial Group Inc. reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 794,964 shares of the company’s stock after selling 36,490 shares during the period. Principal Financial Group Inc. owned about 0.08% of iShares Core S&P 500 ETF worth $532,070,000 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 stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after acquiring an additional 1,190,963 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after purchasing an additional 4,378,977 shares during the period. Creative Planning lifted its holdings in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after buying an additional 398,230 shares during the period. PNC Financial Services Group Inc. lifted its stake in iShares Core S&P 500 ETF by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock worth $9,546,567,000 after acquiring an additional 105,099 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares Core S&P 500 ETF by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 13,440,510 shares of the company’s stock valued at $8,995,733,000 after purchasing an additional 90,223 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.3%

Shares of iShares Core S&P 500 ETF stock opened at $695.03 on Friday. The company has a market cap of $761.58 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97. The firm’s 50 day moving average price is $689.02 and its 200-day moving average price is $669.23.

iShares Core S&P 500 ETF 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. 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.