MML Investors Services LLC Reduces Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

MML Investors Services LLC reduced its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,237,258 shares of the company’s stock after selling 32,837 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 4.7% of MML Investors Services LLC’s holdings, making the stock its biggest position. MML Investors Services LLC’s holdings in iShares Core S&P 500 ETF were worth $1,290,495,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IVV. International Assets Investment Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 67,668.9% during the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after acquiring an additional 10,232,214 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after purchasing an additional 6,319,531 shares during the last quarter. Marshall Wace LLP boosted its stake in iShares Core S&P 500 ETF by 34.5% in the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after purchasing an additional 5,774,400 shares during the period. Squarepoint Ops LLC grew its holdings in iShares Core S&P 500 ETF by 125.6% in the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after buying an additional 2,450,000 shares in the last quarter. Finally, Millennium Management LLC increased its position in iShares Core S&P 500 ETF by 54.8% during the 2nd quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock worth $3,290,590,000 after buying an additional 2,129,220 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $610.83 on Friday. The firm has a 50-day moving average of $589.14 and a 200-day moving average of $564.24. iShares Core S&P 500 ETF has a 52-week low of $456.80 and a 52-week high of $612.09. The stock has a market cap of $527.09 billion, a PE ratio of 25.23 and a beta of 0.99.

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.