Mill Creek Capital Advisors LLC Decreases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Mill Creek Capital Advisors LLC reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,495 shares of the company’s stock after selling 3,441 shares during the period. iShares Core S&P 500 ETF makes up about 0.5% of Mill Creek Capital Advisors LLC’s holdings, making the stock its 22nd biggest holding. Mill Creek Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $19,383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 6.4% during the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after purchasing an additional 2,160,133 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P 500 ETF by 31.4% during the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares Core S&P 500 ETF by 1.0% during the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after purchasing an additional 146,638 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after purchasing an additional 2,703,613 shares during the last quarter. Finally, First Command Advisory Services Inc. lifted its position in shares of iShares Core S&P 500 ETF by 12.1% during the first quarter. First Command Advisory Services Inc. now owns 9,941,646 shares of the company’s stock worth $5,586,986,000 after purchasing an additional 1,070,974 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $646.67 on Friday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $649.31. The company’s 50-day simple moving average is $624.42 and its 200-day simple moving average is $591.42. The stock has a market capitalization of $651.39 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.