Continuum Wealth Advisors LLC Trims Holdings in iShares Core S&P 500 ETF $IVV

Continuum Wealth Advisors LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 23.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,090 shares of the company’s stock after selling 12,426 shares during the period. iShares Core S&P 500 ETF comprises 12.0% of Continuum Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Continuum Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $24,892,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in iShares Core S&P 500 ETF by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after buying an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core S&P 500 ETF by 2.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after buying an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC lifted its stake in iShares Core S&P 500 ETF by 53,779.2% in the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after buying an additional 24,729,312 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after buying an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after buying an additional 146,638 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $685.23 on Monday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $693.07. The business’s 50 day moving average price is $665.29 and its two-hundred day moving average price is $626.16. The firm has a market cap of $718.84 billion, a PE ratio of 25.10 and a beta of 1.00.

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.