SteelPeak Wealth LLC Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

SteelPeak Wealth LLC lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 22.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,963 shares of the company’s stock after selling 45,642 shares during the quarter. iShares Core S&P 500 ETF accounts for 4.1% of SteelPeak Wealth LLC’s investment portfolio, making the stock its 2nd largest holding. SteelPeak Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $81,469,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC boosted its position in iShares Core S&P 500 ETF by 42,439.0% in the fourth quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock worth $4,121,085,000 after purchasing an additional 8,607,912 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 86.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock worth $7,682,737,000 after buying an additional 8,316,251 shares during the last quarter. Morgan Stanley grew its position in iShares Core S&P 500 ETF by 42.9% during the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after buying an additional 5,277,616 shares during the period. Alberta Investment Management Corp purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $1,128,876,000. Finally, Pathstone Holdings LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $1,083,439,000.

iShares Core S&P 500 ETF Stock Performance

IVV traded down $2.09 during midday trading on Friday, reaching $547.23. The company had a trading volume of 5,968,895 shares, compared to its average volume of 5,417,192. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $553.25. The business has a 50-day moving average price of $529.89 and a two-hundred day moving average price of $510.05. The stock has a market cap of $472.20 billion, a PE ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.