iShares Core S&P 500 ETF $IVV is Savvy Advisors Inc.’s 4th Largest Position

Savvy Advisors Inc. increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 28.1% during the fourth quarter, HoldingsChannel reports. The firm owned 128,636 shares of the company’s stock after buying an additional 28,195 shares during the period. iShares Core S&P 500 ETF comprises 2.8% of Savvy Advisors Inc.’s portfolio, making the stock its 4th biggest holding. Savvy Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $88,108,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P 500 ETF by 2.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 33,427,901 shares of the company’s stock worth $22,373,294,000 after buying an additional 939,429 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after acquiring an additional 201,983 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after acquiring an additional 6,101,936 shares during the last quarter. Creative Planning grew its stake in shares of iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after acquiring an additional 505,293 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in shares of iShares Core S&P 500 ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after acquiring an additional 601,254 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV opened at $658.96 on Monday. The stock has a market capitalization of $726.73 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm has a 50 day moving average price of $678.58 and a 200-day moving average price of $679.75. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97.

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.