Lehman & Derafelo Financial Resources LLC cut its holdings in iShares S&P 500 ETF (NYSEARCA:IVV) by 17.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,858 shares of the company’s stock after selling 5,853 shares during the period. iShares S&P 500 ETF makes up approximately 2.9% of Lehman & Derafelo Financial Resources LLC’s investment portfolio, making the stock its 6th largest position. Lehman & Derafelo Financial Resources LLC’s holdings in iShares S&P 500 ETF were worth $8,318,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. First Command Advisory Services Inc. raised its holdings in iShares S&P 500 ETF by 110.6% during the 2nd quarter. First Command Advisory Services Inc. now owns 10,844,004 shares of the company’s stock worth $740,706,000 after purchasing an additional 5,695,438 shares during the last quarter. Advisor Group Holdings Inc. purchased a new stake in shares of iShares S&P 500 ETF during the first quarter valued at approximately $883,399,000. Envestnet Asset Management Inc. boosted its stake in shares of iShares S&P 500 ETF by 21.8% during the first quarter. Envestnet Asset Management Inc. now owns 19,906,628 shares of the company’s stock valued at $5,143,909,000 after purchasing an additional 3,565,654 shares during the period. Sumitomo Life Insurance Co. raised its holdings in shares of iShares S&P 500 ETF by 1,607.8% during the first quarter. Sumitomo Life Insurance Co. now owns 2,817,917 shares of the company’s stock valued at $728,150,000 after acquiring an additional 2,652,917 shares in the last quarter. Finally, Morgan Stanley raised its holdings in shares of iShares S&P 500 ETF by 39.7% during the first quarter. Morgan Stanley now owns 8,945,215 shares of the company’s stock valued at $2,311,444,000 after acquiring an additional 2,541,810 shares in the last quarter.

IVV traded up $2.56 during trading on Friday, reaching $327.82. The stock had a trading volume of 4,683,442 shares, compared to its average volume of 6,825,188. The stock’s 50 day moving average is $315.26 and its two-hundred day moving average is $302.48. iShares S&P 500 ETF has a one year low of $220.28 and a one year high of $340.63.

iShares S&P 500 ETF Company 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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