Independent Advisor Alliance Reduces Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Independent Advisor Alliance lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,190 shares of the company’s stock after selling 343 shares during the quarter. Independent Advisor Alliance’s holdings in iShares Core S&P 500 ETF were worth $3,570,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 67,668.9% during the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after acquiring an additional 10,232,214 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after acquiring an additional 6,319,531 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of iShares Core S&P 500 ETF by 34.5% during the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after acquiring an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC raised its holdings in iShares Core S&P 500 ETF by 125.6% in the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock worth $2,407,812,000 after purchasing an additional 2,450,000 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in iShares Core S&P 500 ETF by 54.8% in the second quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock worth $3,290,590,000 after purchasing an additional 2,129,220 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.3 %

IVV opened at $600.35 on Tuesday. The stock has a fifty day simple moving average of $582.99 and a two-hundred day simple moving average of $559.60. The company has a market cap of $518.04 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $455.41 and a 12-month high of $603.77.

iShares Core S&P 500 ETF Company 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.