Market Street Wealth Management Advisors LLC Reduces Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Market Street Wealth Management Advisors LLC trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,176 shares of the company’s stock after selling 1,241 shares during the quarter. iShares Core S&P 500 ETF accounts for 9.5% of Market Street Wealth Management Advisors LLC’s portfolio, making the stock its 2nd largest holding. Market Street Wealth Management Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $37,518,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IVV. Moneta Group Investment Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 117,228.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 195,582,257 shares of the company’s stock worth $75,144,659,000 after acquiring an additional 195,415,560 shares during the period. Providence Capital Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 38,525.9% during the first quarter. Providence Capital Advisors LLC now owns 11,421,288 shares of the company’s stock worth $27,783,000 after buying an additional 11,391,719 shares in the last quarter. Citigroup Inc. increased its holdings in iShares Core S&P 500 ETF by 2,989.6% in the 1st quarter. Citigroup Inc. now owns 2,619,850 shares of the company’s stock valued at $1,076,968,000 after buying an additional 2,535,055 shares during the period. Envestnet Asset Management Inc. increased its holdings in iShares Core S&P 500 ETF by 6.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 33,998,160 shares of the company’s stock valued at $13,975,963,000 after buying an additional 1,919,967 shares during the period. Finally, Neuberger Berman Group LLC raised its stake in shares of iShares Core S&P 500 ETF by 5,464.8% in the 4th quarter. Neuberger Berman Group LLC now owns 1,580,415 shares of the company’s stock valued at $607,211,000 after buying an additional 1,552,015 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $447.76 on Tuesday. The firm has a market cap of $346.41 billion, a P/E ratio of 18.43 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $349.53 and a twelve month high of $461.88. The firm’s 50-day simple moving average is $450.02 and its 200-day simple moving average is $428.77.

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.