Commonwealth Retirement Investments LLC Reduces Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Commonwealth Retirement Investments LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,753 shares of the company’s stock after selling 1,179 shares during the quarter. iShares Core S&P 500 ETF accounts for 3.9% of Commonwealth Retirement Investments LLC’s portfolio, making the stock its 4th largest holding. Commonwealth Retirement Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $8,620,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P 500 ETF by 60.7% in the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after acquiring an additional 7,615,287 shares in the last quarter. Alberta Investment Management Corp purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $1,128,876,000. Pathstone Holdings LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $1,083,439,000. Cetera Investment Advisers grew its holdings in shares of iShares Core S&P 500 ETF by 109.4% during the first quarter. Cetera Investment Advisers now owns 2,265,933 shares of the company’s stock valued at $1,191,269,000 after buying an additional 1,183,770 shares in the last quarter. Finally, Bank of Nova Scotia raised its position in iShares Core S&P 500 ETF by 4,197.5% during the fourth quarter. Bank of Nova Scotia now owns 1,193,203 shares of the company’s stock valued at $569,890,000 after buying an additional 1,165,438 shares during the period.

iShares Core S&P 500 ETF Trading Down 1.7 %

Shares of iShares Core S&P 500 ETF stock opened at $543.38 on Friday. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24. The company has a market cap of $468.88 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock has a 50-day moving average price of $552.50 and a 200 day moving average price of $533.24.

About iShares Core S&P 500 ETF

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.