KG&L Capital Management LLC Cuts Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

KG&L Capital Management LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,622 shares of the company’s stock after selling 22 shares during the quarter. KG&L Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,252,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Moneta Group Investment Advisors LLC raised its stake in iShares Core S&P 500 ETF by 117,228.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 195,582,257 shares of the company’s stock valued at $75,144,659,000 after acquiring an additional 195,415,560 shares during the period. Creative Planning raised its stake in iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after acquiring an additional 72,718 shares during the period. JPMorgan Chase & Co. raised its stake in iShares Core S&P 500 ETF by 86.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after acquiring an additional 8,316,251 shares during the period. Morgan Stanley raised its stake in iShares Core S&P 500 ETF by 42.9% in the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after acquiring an additional 5,277,616 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 1.3% during the third quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after buying an additional 186,384 shares during the period.

iShares Core S&P 500 ETF Stock Up 1.0 %

Shares of IVV opened at $520.81 on Friday. The business’s 50-day moving average price is $510.47 and its 200-day moving average price is $473.27. iShares Core S&P 500 ETF has a twelve month low of $405.54 and a twelve month high of $527.16. The stock has a market cap of $402.92 billion, a PE ratio of 18.43 and a beta of 1.00.

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.