Guardian Asset Advisors LLC Decreases Stock Position in iShares Core S&P 500 ETF $IVV

Guardian Asset Advisors LLC cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,383 shares of the company’s stock after selling 32 shares during the quarter. Guardian Asset Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,480,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Envestnet Asset Management Inc. raised its stake in shares of iShares Core S&P 500 ETF by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after purchasing an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P 500 ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after acquiring an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC raised its position in iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after acquiring an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Core S&P 500 ETF by 31.4% during the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after acquiring an additional 5,708,115 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after purchasing an additional 146,638 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of IVV opened at $680.52 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $681.80. The stock’s 50 day moving average is $660.89 and its two-hundred day moving average is $618.91. The firm has a market cap of $713.66 billion, a P/E ratio of 25.10 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.