Frisch Financial Group Inc. Lowers Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Frisch Financial Group Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,388 shares of the company’s stock after selling 70 shares during the quarter. Frisch Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $760,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in IVV. JPMorgan Chase & Co. increased its holdings in iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after buying an additional 7,615,287 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $1,128,876,000. Pathstone Holdings LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $1,083,439,000. Finally, Strategic Financial Concepts LLC increased its holdings in iShares Core S&P 500 ETF by 16,180.5% during the second quarter. Strategic Financial Concepts LLC now owns 2,130,469 shares of the company’s stock worth $11,659,000 after buying an additional 2,117,383 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $566.06 on Tuesday. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $568.24. The company has a 50-day simple moving average of $553.03 and a 200 day simple moving average of $535.79. The company has a market capitalization of $488.45 billion, a PE ratio of 25.23 and a beta of 0.99.

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.