Certified Advisory Corp Cuts Stake in iShares Core S&P 500 ETF $IVV

Certified Advisory Corp trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,936 shares of the company’s stock after selling 880 shares during the quarter. iShares Core S&P 500 ETF makes up about 2.0% of Certified Advisory Corp’s portfolio, making the stock its 7th biggest position. Certified Advisory Corp’s holdings in iShares Core S&P 500 ETF were worth $22,168,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after acquiring an additional 409,816 shares during the last quarter. Marshall Wace LLP increased its stake in iShares Core S&P 500 ETF by 17.9% in the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after purchasing an additional 4,928,585 shares during the period. Creative Planning lifted its position in shares of iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares during the last quarter. Bank of America Corp DE lifted its position in shares of iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock worth $14,860,784,000 after purchasing an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 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 Trading Down 0.1%

Shares of IVV opened at $736.66 on Thursday. The firm has a fifty day moving average price of $737.34 and a 200-day moving average price of $701.92. The firm has a market capitalization of $813.46 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $608.45 and a 12-month high of $764.00.

About iShares Core S&P 500 ETF

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.