iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Lowered by Private Client Services LLC

Private Client Services LLC cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 15,597 shares of the company’s stock after selling 3,846 shares during the period. iShares Core S&P 500 ETF makes up about 4.9% of Private Client Services LLC’s investment portfolio, making the stock its 2nd largest holding. Private Client Services LLC’s holdings in iShares Core S&P 500 ETF were worth $9,182,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVV. International Assets Investment Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 67,668.9% during the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after purchasing an additional 10,232,214 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after buying an additional 6,319,531 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of iShares Core S&P 500 ETF by 34.5% during the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after buying an additional 5,774,400 shares during the period. Squarepoint Ops LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 125.6% during the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after buying an additional 2,450,000 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after buying an additional 2,187,803 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock traded up $1.79 during mid-day trading on Wednesday, reaching $593.36. 3,926,103 shares of the stock traded hands, compared to its average volume of 5,418,061. iShares Core S&P 500 ETF has a 12-month low of $472.11 and a 12-month high of $612.09. The business’s 50-day moving average is $597.21 and its 200-day moving average is $573.88. The stock has a market capitalization of $512.01 billion, a PE ratio of 25.23 and a beta of 0.99.

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.