Apex Wealth Management LLC trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,846 shares of the company’s stock after selling 766 shares during the period. iShares Core S&P 500 ETF accounts for approximately 6.6% of Apex Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Apex Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $9,267,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after acquiring an additional 4,378,977 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in iShares Core S&P 500 ETF by 63,164.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock worth $1,706,371,000 after purchasing an additional 2,743,878 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of iShares Core S&P 500 ETF by 18.5% in the 1st quarter. Jones Financial Companies Lllp now owns 14,282,483 shares of the company’s stock valued at $7,971,434,000 after purchasing an additional 2,230,832 shares during the last quarter. Soundwatch Capital LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 474.9% in the 2nd quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock valued at $936,287,000 after purchasing an additional 1,245,649 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Core S&P 500 ETF by 3.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after buying an additional 1,190,963 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Up 0.7%
IVV stock opened at $697.08 on Friday. The company has a market cap of $763.20 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $683.17 and a 200-day simple moving average of $661.77. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $698.37.
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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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