Smith & Howard Wealth Management LLC Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Smith & Howard Wealth Management LLC lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 953 shares of the company’s stock after selling 114 shares during the quarter. Smith & Howard Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $561,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after acquiring an additional 2,187,803 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 2.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after acquiring an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core S&P 500 ETF by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after acquiring an additional 183,962 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares Core S&P 500 ETF by 4.1% in the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after buying an additional 476,796 shares during the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $5,813,061,000.

iShares Core S&P 500 ETF Trading Down 2.6 %

IVV opened at $563.44 on Tuesday. The company has a market cap of $560.43 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. The company’s 50 day moving average is $598.50 and its 200 day moving average is $589.14. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22.

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.