iShares Core S&P 500 ETF (NYSEARCA:IVV) Holdings Lowered by Drive Wealth Management LLC

Drive Wealth Management LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,779 shares of the company’s stock after selling 7,976 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 7.3% of Drive Wealth Management LLC’s holdings, making the stock its biggest holding. Drive Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $29,892,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Compass Ion Advisors LLC boosted its position in iShares Core S&P 500 ETF by 27.5% during the 3rd quarter. Compass Ion Advisors LLC now owns 10,567 shares of the company’s stock valued at $6,096,000 after buying an additional 2,278 shares during the period. Bluesphere Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.8% during the third quarter. Bluesphere Advisors LLC now owns 77,786 shares of the company’s stock valued at $44,869,000 after acquiring an additional 1,405 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock worth $207,778,000 after purchasing an additional 95,234 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 23.3% in the third quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock worth $206,135,000 after purchasing an additional 67,472 shares during the last quarter. Finally, Trinity Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 5.0% during the 3rd quarter. Trinity Wealth Management LLC now owns 1,738 shares of the company’s stock valued at $1,003,000 after purchasing an additional 83 shares during the period.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $607.49 on Wednesday. The stock has a market cap of $524.20 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $613.79. The stock has a 50 day simple moving average of $599.56 and a two-hundred day simple moving average of $578.27.

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.