iShares Core S&P 500 ETF (NYSEARCA:IVV) is JDM Financial Group LLC’s 4th Largest Position

JDM Financial Group LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 23.2% in the third quarter, Holdings Channel reports. The institutional investor owned 24,772 shares of the company’s stock after selling 7,495 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 7.8% of JDM Financial Group LLC’s holdings, making the stock its 4th largest position. JDM Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $14,289,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in IVV. MidWestOne Financial Group Inc. boosted its stake in iShares Core S&P 500 ETF by 0.6% during the third quarter. MidWestOne Financial Group Inc. now owns 6,989 shares of the company’s stock worth $4,031,000 after buying an additional 39 shares during the period. Clarity Asset Management Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 9.2% in the 3rd quarter. Clarity Asset Management Inc. now owns 319 shares of the company’s stock worth $184,000 after acquiring an additional 27 shares during the last quarter. Brophy Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $1,137,000. M&T Bank Corp increased its holdings in iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. M&T Bank Corp now owns 1,415,334 shares of the company’s stock valued at $816,393,000 after purchasing an additional 5,732 shares during the last quarter. Finally, Executive Wealth Management LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $1,963,000.

iShares Core S&P 500 ETF Stock Down 0.5 %

IVV opened at $607.68 on Tuesday. iShares Core S&P 500 ETF has a 52 week low of $461.62 and a 52 week high of $612.09. The business has a fifty day simple moving average of $589.76 and a 200-day simple moving average of $565.02. The firm has a market cap of $524.37 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.