KFA Private Wealth Group LLC Sells 20,339 Shares of iShares Core S&P 500 ETF $IVV

KFA Private Wealth Group LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 92,756 shares of the ETF’s stock after selling 20,339 shares during the period. iShares Core S&P 500 ETF comprises 18.7% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its biggest position. KFA Private Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $69,464,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $331,591,000. Bison Wealth LLC boosted its position in iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after purchasing an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock worth $3,512,000 after purchasing an additional 45 shares in the last quarter. First Trust Advisors LP grew its holdings in iShares Core S&P 500 ETF by 43.1% in the second quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock valued at $4,340,000 after purchasing an additional 2,105 shares during the period. Finally, Sei Investments Co. grew its holdings in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after purchasing an additional 97 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $765.35 on Wednesday. The company has a market cap of $888.99 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day simple moving average of $758.36 and a 200-day simple moving average of $725.41. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $783.09.

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. 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.