Newport Capital Group LLC Cuts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Newport Capital Group LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,593 shares of the company’s stock after selling 1,281 shares during the period. iShares Core S&P 500 ETF accounts for about 2.4% of Newport Capital Group LLC’s investment portfolio, making the stock its 12th largest position. Newport Capital Group LLC’s holdings in iShares Core S&P 500 ETF were worth $3,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Creative Planning increased its position in iShares Core S&P 500 ETF by 1.2% during the 3rd 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 in the last quarter. JPMorgan Chase & Co. grew its position in iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after acquiring an additional 2,187,803 shares in the last quarter. International Assets Investment Management LLC grew its position in iShares Core S&P 500 ETF by 67,668.9% in the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after acquiring an additional 10,232,214 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $5,813,061,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in iShares Core S&P 500 ETF by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock valued at $3,610,681,000 after acquiring an additional 89,032 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.0 %

Shares of NYSEARCA:IVV opened at $612.68 on Friday. iShares Core S&P 500 ETF has a 52-week low of $495.94 and a 52-week high of $613.93. The company has a 50 day moving average of $600.69 and a two-hundred day moving average of $582.57. The company has a market capitalization of $528.68 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.