SCS Capital Management LLC Sells 6,193 Shares of iShares Core S&P 500 ETF $IVV

SCS Capital Management LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 118,383 shares of the company’s stock after selling 6,193 shares during the period. iShares Core S&P 500 ETF makes up about 0.9% of SCS Capital Management LLC’s investment portfolio, making the stock its 20th largest position. SCS Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $81,085,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after acquiring an additional 409,816 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after acquiring an additional 201,983 shares during the last quarter. Marshall Wace LLP increased its position in iShares Core S&P 500 ETF by 28.5% during the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after acquiring an additional 6,101,936 shares during the last quarter. Creative Planning increased its position in iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after acquiring an additional 505,293 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in iShares Core S&P 500 ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock valued at $11,437,403,000 after acquiring an additional 601,254 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $760.05 on Monday. The firm has a market capitalization of $839.29 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $586.05 and a 12-month high of $761.65. The firm has a fifty day moving average price of $706.11 and a 200-day moving average price of $692.99.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.