JPMorgan Chase & Co. Has $14.80 Billion Stock Holdings in iShares Core S&P 500 ETF $IVV

JPMorgan Chase & Co. reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 21.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 22,105,313 shares of the company’s stock after selling 6,166,274 shares during the period. iShares Core S&P 500 ETF accounts for approximately 0.9% of JPMorgan Chase & Co.’s investment portfolio, making the stock its 13th largest holding. JPMorgan Chase & Co. owned approximately 2.11% of iShares Core S&P 500 ETF worth $14,795,088,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVV. Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P 500 ETF by 3.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after purchasing an additional 1,190,963 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares during the period. Creative Planning boosted its stake in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after purchasing an additional 398,230 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Core S&P 500 ETF by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after buying an additional 601,254 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 15,453,057 shares of the company’s stock worth $10,342,731,000 after buying an additional 77,687 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $684.76 on Friday. The company’s 50 day simple moving average is $690.52 and its 200 day simple moving average is $673.18. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The firm has a market capitalization of $752.69 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.