KWB Wealth Has $8.16 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

KWB Wealth cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,511 shares of the company’s stock after selling 295 shares during the quarter. iShares Core S&P 500 ETF comprises 1.1% of KWB Wealth’s portfolio, making the stock its 21st biggest holding. KWB Wealth’s holdings in iShares Core S&P 500 ETF were worth $8,155,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 3.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock valued at $16,112,762,000 after buying an additional 1,118,746 shares in the last quarter. Creative Planning raised its position in shares of iShares Core S&P 500 ETF by 0.7% in the 4th quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after buying an additional 146,157 shares in the last quarter. Morgan Stanley raised its position in shares of iShares Core S&P 500 ETF by 42.9% in the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after buying an additional 5,277,616 shares in the last quarter. First Command Advisory Services Inc. raised its position in shares of iShares Core S&P 500 ETF by 0.6% in the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after buying an additional 50,070 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 42,439.0% during the 4th quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock valued at $4,121,085,000 after purchasing an additional 8,607,912 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock traded up $2.42 during midday trading on Thursday, hitting $554.33. 4,554,933 shares of the company traded hands, compared to its average volume of 5,376,370. The stock has a market cap of $478.33 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm’s fifty day moving average price is $532.62 and its 200-day moving average price is $511.42. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $554.81.

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.