PAX Financial Group LLC Cuts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

PAX Financial Group LLC decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,326 shares of the company’s stock after selling 3,143 shares during the period. iShares Core S&P 500 ETF makes up 7.5% of PAX Financial Group LLC’s investment portfolio, making the stock its largest holding. PAX Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $42,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of IVV. Mosaic Family Wealth Partners LLC increased its holdings in iShares Core S&P 500 ETF by 23.0% during the first quarter. Mosaic Family Wealth Partners LLC now owns 2,686 shares of the company’s stock valued at $1,509,000 after buying an additional 502 shares during the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 6.1% in the first quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 1,538 shares of the company’s stock worth $865,000 after purchasing an additional 88 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of iShares Core S&P 500 ETF by 0.3% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 159,155 shares of the company’s stock worth $89,427,000 after purchasing an additional 494 shares in the last quarter. Whittier Trust Co. increased its stake in shares of iShares Core S&P 500 ETF by 5.3% in the first quarter. Whittier Trust Co. now owns 418,013 shares of the company’s stock worth $234,877,000 after purchasing an additional 20,928 shares in the last quarter. Finally, Future You Wealth LLC increased its stake in shares of iShares Core S&P 500 ETF by 12.1% in the first quarter. Future You Wealth LLC now owns 93,094 shares of the company’s stock worth $52,309,000 after purchasing an additional 10,039 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $627.74 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $630.84. The company has a 50-day moving average of $601.05 and a 200 day moving average of $584.71. The firm has a market capitalization of $631.88 billion, a price-to-earnings 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.