iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,056 shares of the company’s stock after selling 1,798 shares during the period. iShares Core S&P 500 ETF accounts for 15.2% of Physician Wealth Advisors Inc.’s portfolio, making the stock its largest position. Physician Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $72,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of IVV. Envestnet Asset Management Inc. boosted its stake in iShares Core S&P 500 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock valued at $16,112,762,000 after acquiring an additional 1,118,746 shares during the last quarter. Creative Planning boosted its stake in iShares Core S&P 500 ETF by 0.7% in the fourth quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after acquiring an additional 146,157 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 86.9% in the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after acquiring an additional 8,316,251 shares during the last quarter. Morgan Stanley boosted its stake in iShares Core S&P 500 ETF by 42.9% in the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after acquiring an additional 5,277,616 shares during the last quarter. Finally, First Command Advisory Services Inc. boosted its position in shares of iShares Core S&P 500 ETF by 0.6% during the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock worth $4,264,117,000 after purchasing an additional 50,070 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV traded down $2.09 during midday trading on Friday, reaching $547.23. 5,968,895 shares of the stock were exchanged, compared to its average volume of 5,417,192. The business has a 50-day simple moving average of $529.89 and a two-hundred day simple moving average of $509.79. The company has a market capitalization of $472.20 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $553.25.

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.