iShares Core S&P 500 ETF (NYSEARCA:IVV) Stock Position Lessened by Alpha Financial Partners LLC

Alpha Financial Partners LLC trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,440 shares of the company’s stock after selling 2,153 shares during the period. iShares Core S&P 500 ETF makes up 30.5% of Alpha Financial Partners LLC’s investment portfolio, making the stock its largest holding. Alpha Financial Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $35,263,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. Envestnet Asset Management Inc. boosted its position in iShares Core S&P 500 ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after purchasing an additional 6,319,531 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after buying an additional 7,615,287 shares during the last quarter. Creative Planning grew its position in iShares Core S&P 500 ETF by 0.7% during the fourth quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after buying an additional 146,157 shares during the period. Bank of New York Mellon Corp increased its holdings in iShares Core S&P 500 ETF by 1.8% during the second quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock valued at $7,488,098,000 after buying an additional 237,585 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in iShares Core S&P 500 ETF by 3.2% during the fourth quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock valued at $3,556,487,000 after buying an additional 228,840 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $566.06 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $568.24. The company’s fifty day simple moving average is $553.03 and its 200-day simple moving average is $535.79. The stock has a market capitalization of $488.45 billion, a PE ratio of 25.23 and a beta of 0.99.

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.