iShares Core S&P 500 ETF (NYSEARCA:IVV) is Droms Strauss Advisors Inc. MO ADV’s Largest Position

Droms Strauss Advisors Inc. MO ADV cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,582 shares of the company’s stock after selling 3,876 shares during the period. iShares Core S&P 500 ETF accounts for about 18.7% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its largest position. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares Core S&P 500 ETF were worth $52,826,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVV. International Assets Investment Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 67,668.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after acquiring an additional 10,232,214 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Core S&P 500 ETF by 60.7% in the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after buying an additional 7,615,287 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Core S&P 500 ETF by 21.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after buying 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% in the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after buying an additional 5,774,400 shares during the last quarter. Finally, Squarepoint Ops LLC grew its holdings in iShares Core S&P 500 ETF by 125.6% in the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after buying an additional 2,450,000 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.3 %

IVV opened at $595.65 on Thursday. The stock’s 50 day moving average price is $572.83 and its two-hundred day moving average price is $551.48. The firm has a market capitalization of $513.99 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $435.37 and a 12-month high of $595.65.

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.