iShares Core S&P 500 ETF $IVV Holdings Reduced by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,624 shares of the company’s stock after selling 1,522 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 5.6% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 5th largest position. Cornerstone Advisors Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $31,879,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IVV. Americana Partners LLC increased its position in shares of iShares Core S&P 500 ETF by 21.8% during the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after acquiring an additional 1,187 shares during the period. Forza Wealth Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 28.7% in the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after purchasing an additional 1,438 shares during the period. Fonville Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 121.3% in the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock worth $3,937,000 after purchasing an additional 3,224 shares in the last quarter. Fortitude Family Office LLC increased its holdings in iShares Core S&P 500 ETF by 13.4% during the 3rd quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after purchasing an additional 5,800 shares during the period. Finally, Community Trust & Investment Co. increased its holdings in iShares Core S&P 500 ETF by 29.9% during the 3rd quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock worth $2,887,000 after purchasing an additional 992 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.5%

Shares of IVV stock opened at $698.54 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The stock has a market capitalization of $765.98 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a fifty day simple moving average of $689.55 and a two-hundred day simple moving average of $670.00.

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.