M1 Capital Management LLC Decreases Stock Holdings in iShares Core S&P 500 ETF $IVV

M1 Capital Management LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,690 shares of the company’s stock after selling 726 shares during the period. iShares Core S&P 500 ETF comprises about 1.3% of M1 Capital Management LLC’s holdings, making the stock its 21st largest position. M1 Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $3,213,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core S&P 500 ETF by 1.2% in 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. Marshall Wace LLP lifted its position in iShares Core S&P 500 ETF by 28.5% in 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 lifted its position in iShares Core S&P 500 ETF by 2.3% in 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. Nisa Investment Advisors LLC lifted its position in iShares Core S&P 500 ETF by 40.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock valued at $11,513,474,000 after acquiring an additional 4,854,227 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in iShares Core S&P 500 ETF by 2.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,763,521 shares of the company’s stock valued at $10,797,066,000 after acquiring an additional 310,464 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $745.14 on Friday. iShares Core S&P 500 ETF has a 1-year low of $594.71 and a 1-year high of $764.00. The stock has a market cap of $822.82 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a fifty day moving average price of $725.41 and a 200 day moving average price of $698.23.

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.