Financial Advisors LLC Has $1.64 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Financial Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,834 shares of the company’s stock after buying an additional 191 shares during the quarter. iShares Core S&P 500 ETF comprises about 0.3% of Financial Advisors LLC’s holdings, making the stock its 21st largest position. Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,635,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IVV. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after buying an additional 7,615,287 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares during the period. Marshall Wace LLP increased its position in shares of iShares Core S&P 500 ETF by 34.5% during the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after buying an additional 5,774,400 shares during the period. Squarepoint Ops LLC increased its position in shares of iShares Core S&P 500 ETF by 125.6% during the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock worth $2,407,812,000 after buying an additional 2,450,000 shares during the period. Finally, Millennium Management LLC grew its holdings in iShares Core S&P 500 ETF by 54.8% in the second quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock worth $3,290,590,000 after purchasing an additional 2,129,220 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded up $1.38 during trading hours on Thursday, hitting $586.46. The stock had a trading volume of 540,087 shares, compared to its average volume of 5,152,385. The firm has a 50 day simple moving average of $564.46 and a 200-day simple moving average of $544.36. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $588.89. The firm has a market capitalization of $506.06 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.