Yukon Wealth Management Inc. decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 11.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 36,965 shares of the company’s stock after selling 4,557 shares during the period. iShares Core S&P 500 ETF accounts for about 14.8% of Yukon Wealth Management Inc.’s investment portfolio, making the stock its biggest holding. Yukon Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $25,480,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core S&P 500 ETF by 1.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after buying an additional 409,816 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Core S&P 500 ETF by 0.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares during the period. Marshall Wace LLP grew its position in iShares Core S&P 500 ETF by 28.5% in the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after purchasing an additional 6,101,936 shares during the period. Creative Planning grew its position in iShares Core S&P 500 ETF by 2.3% in the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares during the period. Finally, Jones Financial Companies Lllp grew its position in iShares Core S&P 500 ETF by 3.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock valued at $11,437,403,000 after purchasing an additional 601,254 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.2%
NYSEARCA IVV opened at $760.05 on Friday. The company has a fifty day simple moving average of $706.11 and a 200 day simple moving average of $692.93. iShares Core S&P 500 ETF has a 12-month low of $586.05 and a 12-month high of $761.65. The company has a market cap of $839.29 billion, a P/E ratio of 25.10 and a beta of 1.00.
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.
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