Congress Asset Management Co. Reduces Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Congress Asset Management Co. reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 72.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,566 shares of the company’s stock after selling 12,186 shares during the period. Congress Asset Management Co.’s holdings in iShares Core S&P 500 ETF were worth $2,566,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IVV. Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 1.9% in the 4th quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock valued at $13,896,969,000 after buying an additional 446,000 shares during the period. Wells Fargo & Company MN increased its position in shares of iShares Core S&P 500 ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock valued at $10,509,189,000 after acquiring an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after acquiring an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after acquiring an additional 183,962 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares Core S&P 500 ETF by 4.1% in the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after acquiring an additional 476,796 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $602.00 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $616.22. The company has a 50 day moving average price of $561.94 and a 200 day moving average price of $582.87. The stock has a market capitalization of $591.07 billion, a P/E ratio of 25.71 and a beta of 1.01.

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.