Thrivent Financial for Lutherans Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Thrivent Financial for Lutherans trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,118,017 shares of the company’s stock after selling 46,818 shares during the period. iShares Core S&P 500 ETF comprises about 1.2% of Thrivent Financial for Lutherans’ portfolio, making the stock its 7th largest position. Thrivent Financial for Lutherans owned approximately 0.13% of iShares Core S&P 500 ETF worth $611,817,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVV. Burkett Financial Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $31,000. 1620 Investment Advisors Inc. purchased a new position in iShares Core S&P 500 ETF in the 2nd quarter worth $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the first quarter valued at approximately $37,000. Covestor Ltd increased its holdings in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares during the period. Finally, Ables Iannone Moore & Associates Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $44,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $572.99 on Friday. The firm’s fifty day moving average is $553.67 and its two-hundred day moving average is $537.01. The firm has a market cap of $494.43 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $576.10.

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.