Litman Gregory Wealth Management LLC Has $141.89 Million Stock Position in iShares Core S&P 500 ETF $IVV

Litman Gregory Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,522 shares of the company’s stock after acquiring an additional 3,819 shares during the quarter. iShares Core S&P 500 ETF comprises about 11.2% of Litman Gregory Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Litman Gregory Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $141,889,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares Core S&P 500 ETF by 6.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after acquiring an additional 2,160,133 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after acquiring an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC increased its stake in iShares Core S&P 500 ETF by 53,779.2% during the 1st 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 purchasing an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after purchasing an additional 5,708,115 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in iShares Core S&P 500 ETF by 1.0% during the 1st 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 in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $676.42 on Thursday. The firm has a market cap of $708.14 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $676.49. The firm has a 50-day simple moving average of $653.40 and a two-hundred day simple moving average of $608.99.

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.