KMG Fiduciary Partners LLC Has $61.45 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

KMG Fiduciary Partners LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 106,533 shares of the company’s stock after selling 11,886 shares during the period. iShares Core S&P 500 ETF accounts for about 5.3% of KMG Fiduciary Partners LLC’s holdings, making the stock its 2nd biggest position. KMG Fiduciary Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $61,450,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVV. BNP Paribas purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter worth approximately $1,077,000. True Link Financial Advisors LLC raised its position in iShares Core S&P 500 ETF by 9.0% in the 1st quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock worth $139,898,000 after purchasing an additional 21,997 shares during the period. Financial Management Professionals Inc. raised its position in iShares Core S&P 500 ETF by 267.1% in the 1st quarter. Financial Management Professionals Inc. now owns 257 shares of the company’s stock worth $135,000 after purchasing an additional 187 shares during the period. Lane & Associates LLC raised its position in iShares Core S&P 500 ETF by 2.2% in the 1st quarter. Lane & Associates LLC now owns 4,117 shares of the company’s stock worth $2,165,000 after purchasing an additional 90 shares during the period. Finally, Pinnacle Bancorp Inc. raised its position in iShares Core S&P 500 ETF by 3.7% in the 1st quarter. Pinnacle Bancorp Inc. now owns 8,052 shares of the company’s stock worth $4,233,000 after purchasing an additional 284 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.4 %

Shares of NYSEARCA:IVV opened at $587.39 on Friday. The company’s fifty day moving average is $566.53 and its 200 day moving average is $545.08. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $588.93. The stock has a market cap of $506.86 billion, a PE ratio of 25.23 and a beta of 0.99.

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.