Assetmark Inc. Sells 745,691 Shares of iShares Core S&P 500 ETF $IVV

Assetmark Inc. decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 82.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,674 shares of the company’s stock after selling 745,691 shares during the period. Assetmark Inc.’s holdings in iShares Core S&P 500 ETF were worth $108,208,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its stake in shares of iShares Core S&P 500 ETF by 18.3% during the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after purchasing an additional 4,378,977 shares during the last quarter. Nisa Investment Advisors LLC raised its position in iShares Core S&P 500 ETF by 56.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock worth $8,001,639,000 after purchasing an additional 4,301,015 shares during the last quarter. Laurel Wealth Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 63,164.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock worth $1,706,371,000 after buying an additional 2,743,878 shares in the last quarter. Allianz Asset Management GmbH boosted its position in iShares Core S&P 500 ETF by 203.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,428,267 shares of the company’s stock valued at $1,625,239,000 after buying an additional 1,628,276 shares during the last quarter. Finally, Soundwatch Capital LLC increased its stake 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 buying an additional 1,245,649 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 1.5%

IVV stock opened at $684.33 on Friday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The company has a market cap of $752.22 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a fifty day moving average of $690.61 and a 200-day moving average of $672.63.

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.