JPMorgan Chase & Co. Sells 6,166,274 Shares of iShares Core S&P 500 ETF $IVV

JPMorgan Chase & Co. reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 21.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,105,313 shares of the company’s stock after selling 6,166,274 shares during the quarter. iShares Core S&P 500 ETF comprises 0.9% of JPMorgan Chase & Co.’s portfolio, making the stock its 13th biggest position. JPMorgan Chase & Co.’s holdings in iShares Core S&P 500 ETF were worth $14,795,088,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Nvwm LLC increased its stake in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares in the last quarter. Winnow Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $61,000. Conquis Financial LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $82,000. Your Advocates Ltd. LLP increased its position in shares of iShares Core S&P 500 ETF by 51.6% in the 2nd quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock valued at $86,000 after buying an additional 47 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $92,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.1%

Shares of iShares Core S&P 500 ETF stock opened at $684.76 on Friday. The stock’s fifty day simple moving average is $690.52 and its 200 day simple moving average is $673.18. The company has a market capitalization of $752.69 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97.

iShares Core S&P 500 ETF 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.