Centerpoint Advisors LLC Cuts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Centerpoint Advisors LLC decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.7% in the 4th quarter, Holdings Channel reports. The fund owned 118,298 shares of the company’s stock after selling 3,271 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 24.4% of Centerpoint Advisors LLC’s investment portfolio, making the stock its biggest position. Centerpoint Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $69,640,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after acquiring an additional 2,187,803 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 67,668.9% during the 3rd 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 in the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $5,813,061,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Core S&P 500 ETF by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock worth $3,610,681,000 after purchasing an additional 89,032 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in iShares Core S&P 500 ETF by 0.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 3,204,448 shares of the company’s stock worth $1,914,754,000 after purchasing an additional 14,571 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.3 %

Shares of IVV stock opened at $614.48 on Wednesday. The firm’s fifty day moving average price is $601.00 and its two-hundred day moving average price is $584.52. iShares Core S&P 500 ETF has a 1 year low of $495.94 and a 1 year high of $614.48. The firm has a market capitalization of $530.23 billion, a P/E ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Company 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.