Wallace Advisory Group LLC Sells 73 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Wallace Advisory Group LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,327 shares of the company’s stock after selling 73 shares during the quarter. iShares Core S&P 500 ETF comprises about 2.1% of Wallace Advisory Group LLC’s portfolio, making the stock its 7th biggest position. Wallace Advisory Group LLC’s holdings in iShares Core S&P 500 ETF were worth $2,915,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in shares of iShares Core S&P 500 ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after acquiring an additional 6,319,531 shares during the last quarter. Marshall Wace LLP grew its holdings in iShares Core S&P 500 ETF by 34.5% during the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after purchasing an additional 5,774,400 shares during the period. Creative Planning grew its holdings in iShares Core S&P 500 ETF by 2.5% during the second quarter. Creative Planning now owns 21,110,972 shares of the company’s stock valued at $11,552,557,000 after purchasing an additional 509,048 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after purchasing an additional 7,615,287 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in iShares Core S&P 500 ETF by 1.8% during the second quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock valued at $7,488,098,000 after purchasing an additional 237,585 shares during the period.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV traded up $5.18 on Friday, hitting $575.69. 2,433,951 shares of the stock traded hands, compared to its average volume of 5,291,067. The business’s fifty day moving average is $557.50 and its two-hundred day moving average is $541.07. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $577.47. The firm has a market capitalization of $496.76 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.