Mattern Wealth Management LLC Has $3.25 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Mattern Wealth Management LLC cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,629 shares of the company’s stock after selling 657 shares during the period. iShares Core S&P 500 ETF accounts for about 0.7% of Mattern Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Mattern Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $3,247,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after acquiring an additional 7,615,287 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core S&P 500 ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after acquiring an additional 6,319,531 shares during the last quarter. Marshall Wace LLP raised its stake in shares of 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 worth $12,319,789,000 after buying an additional 5,774,400 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of iShares Core S&P 500 ETF by 125.6% during the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock worth $2,407,812,000 after buying an additional 2,450,000 shares during the last quarter. Finally, Millennium Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 54.8% during the second quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock worth $3,290,590,000 after buying an additional 2,129,220 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

IVV opened at $586.12 on Wednesday. The company has a market cap of $505.76 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm has a 50 day simple moving average of $568.35 and a 200 day simple moving average of $546.36. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $588.93.

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.