Cetera Investment Advisers Sells 128,742 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cetera Investment Advisers decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,137,191 shares of the company’s stock after selling 128,742 shares during the quarter. iShares Core S&P 500 ETF comprises about 2.7% of Cetera Investment Advisers’ portfolio, making the stock its biggest holding. Cetera Investment Advisers owned approximately 0.25% of iShares Core S&P 500 ETF worth $1,169,536,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVV. Envestnet Asset Management Inc. boosted its holdings in 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 valued at $19,725,973,000 after purchasing an additional 6,319,531 shares during the period. Marshall Wace LLP raised its stake in iShares Core S&P 500 ETF by 34.5% during the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after acquiring an additional 5,774,400 shares in the last quarter. Creative Planning lifted its position in iShares Core S&P 500 ETF by 2.5% in the second quarter. Creative Planning now owns 21,110,972 shares of the company’s stock valued at $11,552,557,000 after acquiring an additional 509,048 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in 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 valued at $10,599,462,000 after acquiring an additional 7,615,287 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of 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 worth $7,488,098,000 after purchasing an additional 237,585 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.4 %

Shares of NYSEARCA IVV opened at $576.57 on Tuesday. The business has a 50-day moving average price of $555.51 and a 200 day moving average price of $539.83. The stock has a market cap of $497.52 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $411.02 and a 52-week high of $577.47.

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.