Alps Advisors Inc. Lowers Holdings in iShares Core S&P 500 ETF $IVV

Alps Advisors Inc. trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 175,244 shares of the company’s stock after selling 1,955 shares during the period. iShares Core S&P 500 ETF comprises 0.7% of Alps Advisors Inc.’s holdings, making the stock its 20th largest position. Alps Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $117,291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of IVV. a16z Perennial Management L.P. grew its stake in shares of iShares Core S&P 500 ETF by 1,151.4% during the 3rd quarter. a16z Perennial Management L.P. now owns 414,212 shares of the company’s stock worth $277,232,000 after purchasing an additional 381,112 shares during the period. Renasant Bank lifted its stake in shares of iShares Core S&P 500 ETF by 37.3% in the 3rd quarter. Renasant Bank now owns 1,716 shares of the company’s stock valued at $1,149,000 after purchasing an additional 466 shares during the period. Wescott Financial Advisory Group LLC boosted its holdings in iShares Core S&P 500 ETF by 1.1% during the third quarter. Wescott Financial Advisory Group LLC now owns 68,902 shares of the company’s stock worth $46,116,000 after buying an additional 783 shares in the last quarter. Ironwood Investment Counsel LLC grew its position in iShares Core S&P 500 ETF by 0.3% during the third quarter. Ironwood Investment Counsel LLC now owns 14,182 shares of the company’s stock valued at $9,493,000 after buying an additional 41 shares during the period. Finally, Spinnaker Trust increased its holdings in iShares Core S&P 500 ETF by 3.7% in the third quarter. Spinnaker Trust now owns 2,251 shares of the company’s stock valued at $1,507,000 after buying an additional 80 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $693.78 on Friday. The firm has a 50-day simple moving average of $690.05 and a two-hundred day simple moving average of $671.34. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The company has a market cap of $762.60 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.