iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Trimmed by Brown Financial Advisory

Brown Financial Advisory lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,444 shares of the company’s stock after selling 93 shares during the quarter. iShares Core S&P 500 ETF makes up 1.0% of Brown Financial Advisory’s investment portfolio, making the stock its 12th largest holding. Brown Financial Advisory’s holdings in iShares Core S&P 500 ETF were worth $1,439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of IVV. Creative Planning boosted its position in iShares Core S&P 500 ETF by 1.2% during the 3rd quarter. Creative Planning now owns 21,368,471 shares of the company’s stock worth $12,325,761,000 after acquiring an additional 257,499 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after acquiring an additional 2,187,803 shares during the period. International Assets Investment Management LLC boosted its position in iShares Core S&P 500 ETF by 67,668.9% during the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after acquiring an additional 10,232,214 shares during the period. Nisa Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $5,813,061,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in iShares Core S&P 500 ETF by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock worth $3,610,681,000 after acquiring an additional 89,032 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $604.66 on Monday. The firm has a market cap of $521.76 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $485.19 and a 52-week high of $613.79. The stock has a 50-day simple moving average of $600.42 and a 200-day simple moving average of $579.33.

iShares Core 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.