Savvy Advisors Inc. Grows Position in iShares Core S&P 500 ETF $IVV

Savvy Advisors Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 28.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 128,636 shares of the company’s stock after acquiring an additional 28,195 shares during the period. iShares Core S&P 500 ETF makes up 2.8% of Savvy Advisors Inc.’s portfolio, making the stock its 4th biggest position. Savvy Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $88,108,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 33,427,901 shares of the company’s stock valued at $22,373,294,000 after purchasing an additional 939,429 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares in the last quarter. Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares during the last quarter. Creative Planning raised its holdings in iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after buying an additional 505,293 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of iShares Core S&P 500 ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after buying an additional 601,254 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $658.96 on Monday. The firm’s 50 day moving average price is $678.58 and its 200-day moving average price is $679.75. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97. The company has a market cap of $726.73 billion, a PE ratio of 25.10 and a beta of 1.00.

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. 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.