Motive Wealth Advisors Boosts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Motive Wealth Advisors lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 196.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,719 shares of the company’s stock after acquiring an additional 15,710 shares during the period. iShares Core S&P 500 ETF accounts for about 7.6% of Motive Wealth Advisors’ portfolio, making the stock its 2nd biggest holding. Motive Wealth Advisors’ holdings in iShares Core S&P 500 ETF were worth $12,470,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. International Assets Investment Management LLC increased its stake in iShares Core S&P 500 ETF by 42,439.0% in the 4th quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock worth $4,121,085,000 after acquiring an additional 8,607,912 shares during the last quarter. Alberta Investment Management Corp bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $1,128,876,000. Pathstone Holdings LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $1,083,439,000. Bank of Nova Scotia grew its position in iShares Core S&P 500 ETF by 4,197.5% in the fourth quarter. Bank of Nova Scotia now owns 1,193,203 shares of the company’s stock worth $569,890,000 after acquiring an additional 1,165,438 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in iShares Core S&P 500 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock worth $16,112,762,000 after acquiring an additional 1,118,746 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV traded up $3.49 during trading on Friday, hitting $562.95. The company had a trading volume of 2,778,281 shares, compared to its average volume of 5,253,595. The stock has a market cap of $485.77 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company has a fifty day simple moving average of $539.78 and a two-hundred day simple moving average of $515.26. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $566.72.

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.