Buska Wealth Management LLC Reduces Holdings in iShares Core S&P 500 ETF $IVV

Buska Wealth Management LLC lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 82,936 shares of the company’s stock after selling 14,157 shares during the period. iShares Core S&P 500 ETF comprises 16.7% of Buska Wealth Management LLC’s portfolio, making the stock its biggest holding. Buska Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $55,509,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P 500 ETF by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after acquiring an additional 1,190,963 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares Core S&P 500 ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock worth $19,122,455,000 after purchasing an additional 201,983 shares during the period. JPMorgan Chase & Co. boosted 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 buying an additional 4,378,977 shares in the last quarter. Creative Planning increased its holdings in iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after buying an additional 398,230 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of iShares Core S&P 500 ETF by 3.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock valued at $11,437,403,000 after buying an additional 601,254 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $692.41 on Friday. The company has a 50-day moving average of $691.50 and a 200-day moving average of $676.36. 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 capitalization of $761.10 billion, a price-to-earnings 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.