Robinson Smith Wealth Advisors LLC Grows Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Robinson Smith Wealth Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 112.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 941 shares of the company’s stock after acquiring an additional 499 shares during the quarter. Robinson Smith Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $515,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its stake in iShares Core S&P 500 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock valued at $16,112,762,000 after acquiring an additional 1,118,746 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Core S&P 500 ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after buying an additional 7,615,287 shares in the last quarter. Creative Planning lifted its stake in shares of iShares Core S&P 500 ETF by 0.7% during the 4th quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after buying an additional 146,157 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares Core S&P 500 ETF by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock valued at $7,488,098,000 after buying an additional 237,585 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of iShares Core S&P 500 ETF by 3.2% during the 4th quarter. Royal Bank of Canada now owns 7,446,115 shares of the company’s stock valued at $3,556,487,000 after buying an additional 228,840 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.9 %

Shares of IVV stock traded up $5.30 during trading on Friday, reaching $566.75. 3,016,147 shares of the company’s stock traded hands, compared to its average volume of 5,002,234. The company has a market capitalization of $489.05 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s 50-day moving average is $551.44 and its 200 day moving average is $530.95. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24.

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.