iShares S&P 500 ETF (NYSEARCA:IVV) is Highland Capital Management LLC’s 3rd Largest Position

Highland Capital Management LLC reduced its stake in iShares S&P 500 ETF (NYSEARCA:IVVGet Rating) by 0.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 91,850 shares of the company’s stock after selling 713 shares during the period. iShares S&P 500 ETF accounts for approximately 2.5% of Highland Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. Highland Capital Management LLC’s holdings in iShares S&P 500 ETF were worth $34,825,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. BlackRock Inc. grew its holdings in iShares S&P 500 ETF by 2.0% in the 1st quarter. BlackRock Inc. now owns 71,694,332 shares of the company’s stock valued at $32,527,001,000 after buying an additional 1,416,703 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares S&P 500 ETF by 182.9% during the 1st quarter. Bank of America Corp DE now owns 45,323,184 shares of the company’s stock worth $20,562,676,000 after purchasing an additional 29,304,353 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 ETF by 21.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 29,022,105 shares of the company’s stock worth $13,167,039,000 after purchasing an additional 5,158,468 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares S&P 500 ETF by 8.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,931,913 shares of the company’s stock worth $10,857,671,000 after purchasing an additional 1,801,977 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P 500 ETF by 4.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,499,074 shares of the company’s stock worth $3,855,945,000 after purchasing an additional 394,911 shares during the period.

iShares S&P 500 ETF Trading Down 0.8 %

NYSEARCA IVV opened at $377.69 on Friday. iShares S&P 500 ETF has a twelve month low of $364.03 and a twelve month high of $482.07. The stock has a fifty day simple moving average of $405.78 and a 200-day simple moving average of $411.63.

About iShares S&P 500 ETF

(Get Rating)

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.

See Also

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 ETF (NYSEARCA:IVVGet Rating).

Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

Receive News & Ratings for iShares S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.