Envestnet Portfolio Solutions Inc. Acquires 799,154 Shares of iShares Core S&P 500 ETF $IVV

Envestnet Portfolio Solutions Inc. raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 66.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,008,278 shares of the ETF’s stock after acquiring an additional 799,154 shares during the period. iShares Core S&P 500 ETF makes up approximately 6.6% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its largest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,503,980,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IVV. Envestnet Asset Management Inc. grew its position in shares of iShares Core S&P 500 ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after purchasing an additional 8,432,228 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after buying an additional 421,146 shares during the period. Corient Private Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the period. Millennium Management LLC grew its position in iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after buying an additional 6,995,145 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,475,084 shares of the ETF’s stock worth $9,229,625,000 after buying an additional 34,574 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock traded down $5.60 during mid-day trading on Wednesday, reaching $771.21. 8,406,865 shares of the company were exchanged, compared to its average volume of 8,008,580. The firm has a market cap of $844.44 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a fifty day simple moving average of $764.41 and a 200-day simple moving average of $733.83. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $783.09.

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. 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.