Allspring Global Investments Holdings LLC Sells 247,411 Shares of iShares Core S&P 500 ETF $IVV

Allspring Global Investments Holdings LLC lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 41.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 345,794 shares of the company’s stock after selling 247,411 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares Core S&P 500 ETF were worth $232,318,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. New Vernon Capital Holdings II LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 53,779.2% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares during the period. JPMorgan Chase & Co. raised its stake in iShares Core S&P 500 ETF by 18.3% in the 2nd 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. Millennium Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 67.7% in the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after purchasing an additional 3,757,143 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 63,164.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock valued at $1,706,371,000 after acquiring an additional 2,743,878 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in iShares Core S&P 500 ETF by 21.5% in the first quarter. Jones Financial Companies Lllp now owns 14,644,144 shares of the company’s stock valued at $7,861,763,000 after purchasing an additional 2,592,493 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $684.94 on Friday. The firm’s 50 day simple moving average is $682.46 and its 200-day simple moving average is $657.56. The stock has a market capitalization of $718.84 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $694.70.

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.