Motive Wealth Advisors Sells 145 Shares of iShares Core S&P 500 ETF $IVV

Motive Wealth Advisors decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,811 shares of the company’s stock after selling 145 shares during the period. iShares Core S&P 500 ETF accounts for about 6.4% of Motive Wealth Advisors’ holdings, making the stock its 4th biggest holding. Motive Wealth Advisors’ holdings in iShares Core S&P 500 ETF were worth $14,163,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IVV. Envestnet Asset Management Inc. raised its stake in iShares Core S&P 500 ETF by 6.4% during the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after buying an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after acquiring an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC raised its position in shares of iShares Core S&P 500 ETF by 53,779.2% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after acquiring an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after purchasing an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 1.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after purchasing an additional 146,638 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $664.89 on Friday. The stock has a market capitalization of $669.74 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $647.76 and a 200 day simple moving average of $603.04. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $670.55.

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.