Northwest Wealth Management LLC Cuts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Northwest Wealth Management LLC lessened its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,768 shares of the company’s stock after selling 166 shares during the period. Northwest Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,515,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IVV. JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P 500 ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after purchasing an additional 7,615,287 shares in the last quarter. Alberta Investment Management Corp acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $1,128,876,000. Pathstone Holdings LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $1,083,439,000. Cetera Investment Advisers grew its position in iShares Core S&P 500 ETF by 109.4% during the first quarter. Cetera Investment Advisers now owns 2,265,933 shares of the company’s stock worth $1,191,269,000 after buying an additional 1,183,770 shares during the period. Finally, Bank of Nova Scotia increased its holdings 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 valued at $569,890,000 after buying an additional 1,165,438 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $543.38 on Friday. The firm has a market capitalization of $468.88 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s 50 day simple moving average is $552.50 and its 200-day simple moving average is $533.24. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $568.24.

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.