Cobblestone Asset Management LLC Sells 5,985 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cobblestone Asset Management LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,647 shares of the company’s stock after selling 5,985 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 14.8% of Cobblestone Asset Management LLC’s portfolio, making the stock its 2nd largest holding. Cobblestone Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $24,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVV. JPMorgan Chase & Co. raised its position 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 valued at $10,599,462,000 after buying an additional 7,615,287 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 21.3% in the second 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 during the last quarter. Marshall Wace LLP raised its position in shares of iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after buying an additional 5,774,400 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of iShares Core S&P 500 ETF by 125.6% in the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after buying an additional 2,450,000 shares during the last quarter. Finally, Millennium Management LLC raised its position in shares of 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 valued at $3,290,590,000 after buying an additional 2,129,220 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $587.46 on Friday. The firm has a 50 day simple moving average of $566.53 and a 200-day simple moving average of $545.24. The firm has a market cap of $506.92 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $588.93.

iShares Core S&P 500 ETF Company Profile

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.