Pettinga Financial Advisors LLC Increases Position in iShares Core S&P 500 ETF $IVV

Pettinga Financial Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 45.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,307 shares of the ETF’s stock after acquiring an additional 26,694 shares during the period. iShares Core S&P 500 ETF accounts for 10.2% of Pettinga Financial Advisors LLC’s investment portfolio, making the stock its biggest holding. Pettinga Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $63,885,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Punch & Associates Investment Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the last quarter. Wealth Effects LLC boosted its stake in iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the ETF’s stock valued at $2,929,000 after purchasing an additional 15 shares during the period. West Wealth Group LLC grew its holdings in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the ETF’s stock valued at $987,000 after buying an additional 15 shares during the last quarter. Keeler & Nadler Financial Planning & Wealth Management grew its holdings in iShares Core S&P 500 ETF by 2.9% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the ETF’s stock valued at $369,000 after buying an additional 15 shares during the last quarter. Finally, Gratus Wealth Advisors LLC increased its position in iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the ETF’s stock worth $3,272,000 after buying an additional 15 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $776.73 on Monday. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $780.64. The firm has a market cap of $902.21 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average of $750.05 and a 200-day moving average of $715.88.

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. 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.