Bessemer Group Inc. Cuts Stock Position in iShares S&P 500 ETF (NYSEARCA:IVV)

Bessemer Group Inc. lessened its holdings in iShares S&P 500 ETF (NYSEARCA:IVV) by 2.1% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,185,472 shares of the company’s stock after selling 24,952 shares during the period. iShares S&P 500 ETF accounts for approximately 1.2% of Bessemer Group Inc.’s holdings, making the stock its 17th biggest position. Bessemer Group Inc. owned about 0.19% of iShares S&P 500 ETF worth $367,129,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of IVV. AdvicePeriod LLC lifted its holdings in shares of iShares S&P 500 ETF by 3.5% in the 2nd quarter. AdvicePeriod LLC now owns 85,498 shares of the company’s stock valued at $26,478,000 after acquiring an additional 2,856 shares during the last quarter. Resonant Capital Advisors LLC raised its stake in shares of iShares S&P 500 ETF by 79.8% during the second quarter. Resonant Capital Advisors LLC now owns 72,515 shares of the company’s stock valued at $22,457,000 after acquiring an additional 32,185 shares in the last quarter. Marietta Wealth Management LLC raised its stake in shares of iShares S&P 500 ETF by 3.1% during the second quarter. Marietta Wealth Management LLC now owns 6,030 shares of the company’s stock valued at $1,867,000 after acquiring an additional 184 shares in the last quarter. IFP Advisors Inc raised its stake in shares of iShares S&P 500 ETF by 21.2% during the second quarter. IFP Advisors Inc now owns 55,471 shares of the company’s stock valued at $16,961,000 after acquiring an additional 9,685 shares in the last quarter. Finally, Lafayette Investments Inc. bought a new stake in shares of iShares S&P 500 ETF during the second quarter valued at approximately $203,000.

Shares of iShares S&P 500 ETF stock traded down $2.82 on Wednesday, hitting $334.14. 3,603,700 shares of the company traded hands, compared to its average volume of 6,627,332. The stock’s 50 day moving average price is $320.65 and its 200-day moving average price is $302.56. iShares S&P 500 ETF has a 52 week low of $220.28 and a 52 week high of $340.63.

iShares S&P 500 ETF Profile

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.

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Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

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