Envestnet Asset Management Inc. lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,534,071 shares of the company’s stock after selling 1,113,900 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 6.3% of Envestnet Asset Management Inc.’s portfolio, making the stock its largest holding. Envestnet Asset Management Inc. owned about 3.89% of iShares Core S&P 500 ETF worth $19,740,837,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the stock. SYM FINANCIAL Corp bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $30,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $30,000. Modus Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $32,000. Ulland Investment Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Finally, Sellwood Investment Partners LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000.
iShares Core S&P 500 ETF Stock Down 6.0 %
NYSEARCA IVV opened at $507.61 on Friday. The company has a market cap of $522.84 billion, a PE ratio of 24.79 and a beta of 1.01. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The firm’s 50-day simple moving average is $585.52 and its two-hundred day simple moving average is $589.02.
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.
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