Lake Street Private Wealth LLC Cuts Holdings in iShares Core S&P 500 ETF $IVV

Lake Street Private Wealth LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,885 shares of the company’s stock after selling 1,298 shares during the quarter. Lake Street Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $6,616,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IVV. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 18.3% during the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 56.2% in the third quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after buying an additional 4,301,015 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 63,164.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock worth $1,706,371,000 after buying an additional 2,743,878 shares during the period. Allianz Asset Management GmbH lifted its position in shares of iShares Core S&P 500 ETF by 203.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,428,267 shares of the company’s stock valued at $1,625,239,000 after buying an additional 1,628,276 shares in the last quarter. Finally, Soundwatch Capital LLC lifted its position in shares of iShares Core S&P 500 ETF by 474.9% during the 2nd quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock valued at $936,287,000 after buying an additional 1,245,649 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $685.49 on Tuesday. The firm has a market cap of $753.49 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a fifty day moving average of $690.51 and a 200 day moving average of $675.76. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $700.97.

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.