iShares Core S&P 500 ETF $IVV Holdings Cut by ORBA Wealth Advisors L.L.C.

ORBA Wealth Advisors L.L.C. reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,729 shares of the ETF’s stock after selling 1,400 shares during the quarter. iShares Core S&P 500 ETF makes up 1.1% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 26th biggest holding. ORBA Wealth Advisors L.L.C.’s holdings in iShares Core S&P 500 ETF were worth $1,324,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of iShares Core S&P 500 ETF by 25.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock valued at $30,997,946,000 after buying an additional 8,432,228 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock worth $26,225,264,000 after buying an additional 421,146 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 17.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 21,395,674 shares of the ETF’s stock valued at $16,380,993,000 after buying an additional 3,141,233 shares during the period. Capula Management Ltd raised its position in shares of iShares Core S&P 500 ETF by 1,374.6% during the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares during the period. Finally, Allianz Asset Management GmbH lifted its holdings in iShares Core S&P 500 ETF by 386.5% in the second quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock valued at $3,577,965,000 after acquiring an additional 3,795,730 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $773.25 on Wednesday. The stock has a market capitalization of $886.61 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $785.03. The business’s 50 day moving average price is $770.91 and its 200 day moving average price is $730.71.

iShares Core S&P 500 ETF Company 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.