iShares Core S&P 500 ETF (NYSEARCA:IVV) is Sovereign Financial Group Inc.’s 4th Largest Position

Sovereign Financial Group Inc. lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,127 shares of the company’s stock after selling 891 shares during the period. iShares Core S&P 500 ETF comprises about 4.2% of Sovereign Financial Group Inc.’s portfolio, making the stock its 4th largest holding. Sovereign Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $17,955,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Hancock Whitney Corp boosted its holdings in iShares Core S&P 500 ETF by 10.0% in the 4th quarter. Hancock Whitney Corp now owns 348,437 shares of the company’s stock worth $166,424,000 after buying an additional 31,689 shares during the last quarter. BOKF NA boosted its holdings in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. BOKF NA now owns 112,247 shares of the company’s stock worth $53,613,000 after purchasing an additional 1,194 shares during the last quarter. Jacobi Capital Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 3.7% during the 4th quarter. Jacobi Capital Management LLC now owns 2,327 shares of the company’s stock worth $1,111,000 after purchasing an additional 84 shares during the last quarter. RPTC Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 0.6% during the 4th quarter. RPTC Inc. now owns 245,748 shares of the company’s stock worth $117,377,000 after purchasing an additional 1,360 shares during the last quarter. Finally, First Financial Bankshares Inc acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $6,322,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $575.82 on Wednesday. The stock has a market cap of $496.88 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock’s 50 day simple moving average is $558.58 and its 200-day simple moving average is $542.03. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $577.47.

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.