Envestnet Asset Management Inc. Boosts Holdings in iShares Core S&P 500 ETF $IVV

Envestnet Asset Management Inc. grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 25.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,391,871 shares of the ETF’s stock after acquiring an additional 8,432,228 shares during the quarter. iShares Core S&P 500 ETF comprises about 4.6% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Envestnet Asset Management Inc. owned 3.78% of iShares Core S&P 500 ETF worth $30,997,946,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Altar Rock LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth about $209,000. Security National Bank of Sioux City Iowa IA purchased a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at about $240,000. Bullseye Investment Management LLC bought a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at approximately $92,000. Smith Chas P & Associates PA Cpas grew its stake in shares of iShares Core S&P 500 ETF by 5.9% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 92,987 shares of the ETF’s stock valued at $69,637,000 after acquiring an additional 5,175 shares during the period. Finally, Talon Private Wealth LLC increased its holdings in iShares Core S&P 500 ETF by 4.5% in the 2nd quarter. Talon Private Wealth LLC now owns 3,982 shares of the ETF’s stock worth $2,981,000 after acquiring an additional 172 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.7%

NYSEARCA IVV traded down $5.60 on Wednesday, reaching $771.21. 8,406,865 shares of the stock were exchanged, compared to its average volume of 8,008,580. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $783.09. The firm has a market capitalization of $844.44 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s 50-day simple moving average is $764.41 and its two-hundred day simple moving average is $733.83.

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.