MKP Capital Management L.L.C. Reduces Stake in iShares Core S&P 500 ETF $IVV

MKP Capital Management L.L.C. decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,939,406 shares of the company’s stock after selling 253,951 shares during the quarter. iShares Core S&P 500 ETF accounts for 50.3% of MKP Capital Management L.L.C.’s portfolio, making the stock its largest position. MKP Capital Management L.L.C.’s holdings in iShares Core S&P 500 ETF were worth $1,298,044,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in IVV. Twin Focus Capital Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 6.1% during the third quarter. Twin Focus Capital Partners LLC now owns 13,546 shares of the company’s stock valued at $9,066,000 after purchasing an additional 773 shares in the last quarter. American Wealth Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth about $26,595,000. Ames National Corp raised its position in iShares Core S&P 500 ETF by 6.2% in the 3rd quarter. Ames National Corp now owns 58,692 shares of the company’s stock worth $39,283,000 after buying an additional 3,408 shares during the last quarter. GW&K Investment Management LLC lifted its stake in iShares Core S&P 500 ETF by 10.1% during the 3rd quarter. GW&K Investment Management LLC now owns 18,178 shares of the company’s stock valued at $12,167,000 after acquiring an additional 1,673 shares during the period. Finally, JT Stratford LLC lifted its stake in iShares Core S&P 500 ETF by 21.5% during the 3rd quarter. JT Stratford LLC now owns 11,165 shares of the company’s stock valued at $7,473,000 after acquiring an additional 1,974 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.7%

Shares of IVV stock opened at $688.28 on Thursday. The company has a 50 day moving average price of $691.39 and a 200-day moving average price of $677.76. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $700.97. The firm has a market capitalization of $756.56 billion, a PE 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.