Main Management Fund Advisors LLC Has $408.49 Million Stake in iShares Core S&P 500 ETF $IVV

Main Management Fund Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 657,900 shares of the company’s stock after acquiring an additional 53,500 shares during the period. iShares Core S&P 500 ETF makes up 48.7% of Main Management Fund Advisors LLC’s portfolio, making the stock its largest holding. Main Management Fund Advisors LLC owned approximately 0.07% of iShares Core S&P 500 ETF worth $408,490,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its stake in 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 during the last quarter. New Vernon Capital Holdings II LLC increased its position in iShares Core S&P 500 ETF by 53,779.2% in the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares during the last quarter. Creative Planning raised its stake in iShares Core S&P 500 ETF by 1.8% during the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after purchasing an additional 398,230 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in iShares Core S&P 500 ETF by 0.7% during the second quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after purchasing an additional 105,099 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.4%

Shares of NYSEARCA:IVV opened at $665.95 on Thursday. The firm has a fifty day simple moving average of $672.38 and a two-hundred day simple moving average of $637.58. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $693.07. The stock has a market capitalization of $698.91 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.