Smith Chas P & Associates PA Cpas Lowers Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Smith Chas P & Associates PA Cpas lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 80,767 shares of the company’s stock after selling 5,043 shares during the period. iShares Core S&P 500 ETF makes up 2.6% of Smith Chas P & Associates PA Cpas’ investment portfolio, making the stock its 12th largest position. Smith Chas P & Associates PA Cpas’ holdings in iShares Core S&P 500 ETF were worth $46,588,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after buying an additional 7,615,287 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Core S&P 500 ETF by 21.3% in 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 acquiring an additional 6,319,531 shares in the last quarter. Marshall Wace LLP lifted its position in iShares Core S&P 500 ETF by 34.5% in the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after acquiring an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC increased its holdings in shares of iShares Core S&P 500 ETF by 125.6% in the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock worth $2,407,812,000 after purchasing an additional 2,450,000 shares in the last quarter. Finally, Millennium Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 54.8% in the second quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock worth $3,290,590,000 after purchasing an additional 2,129,220 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $582.35 on Monday. The stock’s fifty day moving average price is $560.69 and its 200-day moving average price is $543.24. The company has a market cap of $502.51 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $583.09.

iShares Core 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.