iShares Core S&P 500 ETF (NYSEARCA:IVV) Holdings Reduced by Savvy Advisors Inc.

Savvy Advisors Inc. reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 62.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,299 shares of the company’s stock after selling 8,897 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $3,057,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in 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 acquiring an additional 6,319,531 shares during the period. Marshall Wace LLP boosted its stake in shares of 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 worth $12,319,789,000 after acquiring an additional 5,774,400 shares in the last quarter. Creative Planning raised 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 purchasing an additional 257,499 shares during the period. JPMorgan Chase & Co. raised 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 purchasing an additional 7,615,287 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares Core S&P 500 ETF by 1.8% during 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 during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.1 %

Shares of IVV opened at $602.19 on Tuesday. The business’s 50-day moving average price is $574.96 and its 200 day moving average price is $553.79. The stock has a market capitalization of $519.63 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $440.41 and a 1-year high of $603.09.

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.