iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Melfa Wealth Management Inc.

Melfa Wealth Management Inc. lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 4,997 shares of the company’s stock after selling 45 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.9% of Melfa Wealth Management Inc.’s investment portfolio, making the stock its 8th biggest holding. Melfa Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,882,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVV. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after purchasing an additional 7,615,287 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares during the period. Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 34.5% during the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after buying an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC grew its stake in iShares Core S&P 500 ETF by 125.6% in the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after acquiring an additional 2,450,000 shares during the period. Finally, Millennium Management LLC increased its holdings in iShares Core S&P 500 ETF by 54.8% in the 2nd quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock worth $3,290,590,000 after acquiring an additional 2,129,220 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $585.25 on Friday. The stock has a market capitalization of $505.01 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $588.93. The company has a fifty day moving average of $565.49 and a two-hundred day moving average of $544.64.

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.