iShares Core S&P 500 ETF $IVV Stock Sold by SVB Wealth LLC

SVB Wealth LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 44,644 shares of the ETF’s stock after selling 3,465 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 2.3% of SVB Wealth LLC’s holdings, making the stock its 8th largest holding. SVB Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $34,190,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Financial Group Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 0.7% in the 3rd quarter. Compass Financial Group Inc. now owns 43,885 shares of the ETF’s stock valued at $33,609,000 after acquiring an additional 314 shares during the last quarter. Legacy Trust grew its position in iShares Core S&P 500 ETF by 6.7% in the third quarter. Legacy Trust now owns 44,500 shares of the ETF’s stock worth $33,784,000 after acquiring an additional 2,812 shares in the last quarter. Russell Investments Group Ltd. increased its stake in iShares Core S&P 500 ETF by 3.8% during the third quarter. Russell Investments Group Ltd. now owns 27,493 shares of the ETF’s stock worth $21,055,000 after acquiring an additional 1,018 shares during the last quarter. Coston McIsaac & Partners increased its stake in iShares Core S&P 500 ETF by 9.4% during the third quarter. Coston McIsaac & Partners now owns 464 shares of the ETF’s stock worth $355,000 after acquiring an additional 40 shares during the last quarter. Finally, Opus Financial Solutions LLC bought a new stake in iShares Core S&P 500 ETF during the third quarter worth approximately $492,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $760.78 on Friday. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $785.03. The stock’s 50 day simple moving average is $768.13 and its two-hundred day simple moving average is $734.62. The company has a market cap of $880.49 billion, a PE ratio of 23.48 and a beta of 1.00.

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. 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.