Wealth Quarterback LLC Has $34.12 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wealth Quarterback LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.9% during the third quarter, HoldingsChannel reports. The fund owned 59,154 shares of the company’s stock after selling 3,076 shares during the quarter. iShares Core S&P 500 ETF comprises 17.8% of Wealth Quarterback LLC’s holdings, making the stock its biggest position. Wealth Quarterback LLC’s holdings in iShares Core S&P 500 ETF were worth $34,121,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IVV. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after buying an additional 6,319,531 shares in the last quarter. Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 34.5% during the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after acquiring an additional 5,774,400 shares during the period. Creative Planning lifted its position in shares of iShares Core S&P 500 ETF by 1.2% during the third quarter. Creative Planning now owns 21,368,471 shares of the company’s stock worth $12,325,761,000 after acquiring an additional 257,499 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after acquiring an additional 7,615,287 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of iShares Core S&P 500 ETF by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock valued at $7,488,098,000 after purchasing an additional 237,585 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $601.13 on Friday. iShares Core S&P 500 ETF has a 52-week low of $435.37 and a 52-week high of $602.56. The business’s fifty day moving average is $574.26 and its 200 day moving average is $552.49. The firm has a market cap of $518.72 billion, a price-to-earnings 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.