Cornerstone Wealth Group LLC Sells 1,963 Shares of iShares Core S&P 500 ETF $IVV

Cornerstone Wealth Group LLC decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,047 shares of the company’s stock after selling 1,963 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 3.3% of Cornerstone Wealth Group LLC’s holdings, making the stock its 5th largest holding. Cornerstone Wealth Group LLC’s holdings in iShares Core S&P 500 ETF were worth $49,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in 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 worth $17,553,830,000 after purchasing an additional 4,378,977 shares during the period. Nisa Investment Advisors LLC raised its position in shares of 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 buying an additional 4,301,015 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in iShares Core S&P 500 ETF by 63,164.8% in the second 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. Soundwatch Capital LLC boosted its holdings in iShares Core S&P 500 ETF by 474.9% in the second quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock valued at $936,287,000 after acquiring an additional 1,245,649 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after acquiring an additional 1,190,963 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $680.60 on Wednesday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $699.17. The company has a market cap of $750.26 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average is $684.94 and its 200-day moving average is $665.66.

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.