Allstate Corp Has $170.98 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Allstate Corp cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 290,439 shares of the company’s stock after selling 12,500 shares during the period. iShares Core S&P 500 ETF comprises about 5.0% of Allstate Corp’s investment portfolio, making the stock its 3rd largest position. Allstate Corp’s holdings in iShares Core S&P 500 ETF were worth $170,976,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in IVV. Maridea Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth approximately $5,538,000. Brown Brothers Harriman & Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 14.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 814,862 shares of the company’s stock worth $479,693,000 after buying an additional 104,324 shares during the period. RiverFront Investment Group LLC increased its stake in shares of iShares Core S&P 500 ETF by 2.4% during the fourth quarter. RiverFront Investment Group LLC now owns 654,086 shares of the company’s stock valued at $385,048,000 after buying an additional 15,210 shares during the period. Horizon Investment Services LLC raised its holdings in shares of iShares Core S&P 500 ETF by 18.9% in the fourth quarter. Horizon Investment Services LLC now owns 604 shares of the company’s stock valued at $356,000 after acquiring an additional 96 shares in the last quarter. Finally, NBZ Investment Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $822,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $558.12 on Friday. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The company has a market capitalization of $537.47 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. The company’s 50-day simple moving average is $591.49 and its two-hundred day simple moving average is $589.45.

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.