Alps Advisors Inc. Sells 745,796 Shares of iShares Core S&P 500 ETF $IVV

Alps Advisors Inc. reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 81.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 175,399 shares of the ETF’s stock after selling 745,796 shares during the period. iShares Core S&P 500 ETF accounts for approximately 0.6% of Alps Advisors Inc.’s investment portfolio, making the stock its 20th largest holding. Alps Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $134,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Palatine Hill Wealth Management LLC lifted its position in iShares Core S&P 500 ETF by 9.7% during the 3rd quarter. Palatine Hill Wealth Management LLC now owns 68,529 shares of the ETF’s stock valued at $52,483,000 after purchasing an additional 6,078 shares during the period. Bayshore Capital Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $436,000. Asset One Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. Asset One Wealth Management LLC now owns 5,013 shares of the ETF’s stock worth $3,839,000 after buying an additional 64 shares during the period. International Assets Investment Management LLC grew its position in shares of iShares Core S&P 500 ETF by 6.2% during the 3rd quarter. International Assets Investment Management LLC now owns 20,119 shares of the ETF’s stock worth $15,439,000 after buying an additional 1,177 shares during the period. Finally, Calamos Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. Calamos Wealth Management LLC now owns 259,998 shares of the ETF’s stock worth $199,120,000 after buying an additional 5,162 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.3%

IVV stock traded up $2.47 during midday trading on Friday, reaching $738.68. The company’s stock had a trading volume of 6,998,724 shares, compared to its average volume of 7,645,767. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03. The stock has a market cap of $850.92 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s 50-day simple moving average is $769.02 and its 200-day simple moving average is $733.29.

Key Headlines Impacting iShares Core S&P 500 ETF

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About iShares Core S&P 500 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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