iShares Core S&P 500 ETF (NYSEARCA:IVV) is ETF Store Inc.’s Largest Position

ETF Store Inc. cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,335 shares of the company’s stock after selling 7,976 shares during the period. iShares Core S&P 500 ETF comprises approximately 17.8% of ETF Store Inc.’s holdings, making the stock its largest position. ETF Store Inc.’s holdings in iShares Core S&P 500 ETF were worth $14,326,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IVV. JPMorgan Chase & Co. increased its stake in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Core S&P 500 ETF by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after purchasing an additional 338,269 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after purchasing an additional 183,962 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares Core S&P 500 ETF by 4.1% in the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after purchasing an additional 476,796 shares in the last quarter. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth $5,813,061,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $554.06 on Friday. The firm has a market capitalization of $551.10 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The business has a fifty day moving average price of $596.68 and a 200-day moving average price of $588.66.

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.