iShares Core S&P 500 ETF (NYSEARCA:IVV) Position Lifted by Ally Invest Advisors Inc.

Ally Invest Advisors Inc. increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 466,894 shares of the company’s stock after purchasing an additional 8,637 shares during the period. iShares Core S&P 500 ETF accounts for 23.8% of Ally Invest Advisors Inc.’s investment portfolio, making the stock its biggest position. Ally Invest Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $274,851,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after buying an additional 2,187,803 shares during the period. Wells Fargo & Company MN boosted its holdings in iShares Core S&P 500 ETF by 11.8% in the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock valued at $10,509,189,000 after acquiring an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. grew its position in iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after acquiring an additional 338,269 shares during the period. Bank of New York Mellon Corp grew its position in iShares Core S&P 500 ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after acquiring an additional 183,962 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in iShares Core S&P 500 ETF by 4.1% during the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after acquiring an additional 476,796 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $541.52 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $616.22. The firm has a market capitalization of $557.77 billion, a P/E ratio of 24.79 and a beta of 1.01. The business’s 50-day simple moving average is $572.77 and its 200-day simple moving average is $586.51.

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.