iShares Core S&P 500 ETF $IVV Shares Sold by MMA Asset Management LLC

MMA Asset Management LLC lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 60.0% during the third quarter, Holdings Channel reports. The firm owned 3,879 shares of the ETF’s stock after selling 5,825 shares during the period. iShares Core S&P 500 ETF makes up approximately 0.9% of MMA Asset Management LLC’s investment portfolio, making the stock its 27th biggest position. MMA Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,971,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in iShares Core S&P 500 ETF by 25.6% during the second quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after buying an additional 8,432,228 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after buying an additional 421,146 shares during the period. Nisa Investment Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 17.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 21,395,674 shares of the ETF’s stock valued at $16,380,993,000 after buying an additional 3,141,233 shares during the period. Capula Management Ltd raised its position in shares of iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares in the last quarter. Finally, Allianz Asset Management GmbH raised its position in shares of iShares Core S&P 500 ETF by 386.5% in the 2nd quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock valued at $3,577,965,000 after buying an additional 3,795,730 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 4.4%

Shares of iShares Core S&P 500 ETF stock opened at $736.21 on Friday. The company has a 50 day moving average of $769.74 and a 200-day moving average of $733.00. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The company has a market cap of $843.95 billion, a PE ratio of 25.10 and a beta of 1.00.

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.