iShares Core S&P 500 ETF (NYSEARCA:IVV) is Linscomb Wealth Inc.’s 2nd Largest Position

Linscomb Wealth Inc. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.1% during the fourth quarter, HoldingsChannel reports. The fund owned 322,487 shares of the company’s stock after selling 359 shares during the quarter. iShares Core S&P 500 ETF comprises about 9.5% of Linscomb Wealth Inc.’s holdings, making the stock its 2nd largest position. Linscomb Wealth Inc.’s holdings in iShares Core S&P 500 ETF were worth $189,841,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in IVV. JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 11.7% in the third 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. Bank of New York Mellon Corp grew its position 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 buying an additional 183,962 shares during the last quarter. Nisa Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $5,813,061,000. First Command Advisory Services Inc. raised its stake in shares of iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,870,672 shares of the company’s stock worth $5,221,986,000 after acquiring an additional 51,455 shares in the last quarter. Finally, Proficio Capital Partners LLC lifted its position in iShares Core S&P 500 ETF by 40,255.6% during the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock valued at $4,785,274,000 after acquiring an additional 8,108,677 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 1.6 %

Shares of IVV opened at $587.78 on Friday. The company has a 50 day moving average of $601.00 and a two-hundred day moving average of $587.36. The company has a market cap of $584.64 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22.

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.