Orion Capital Management LLC Lowers Position in iShares Core S&P 500 ETF $IVV

Orion Capital Management LLC lowered its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 35,555 shares of the ETF’s stock after selling 1,140 shares during the period. iShares Core S&P 500 ETF comprises 8.4% of Orion Capital Management LLC’s holdings, making the stock its largest position. Orion Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $26,627,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted 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 valued at $26,225,264,000 after buying an additional 421,146 shares during the period. Marshall Wace LLP grew its holdings in shares of iShares Core S&P 500 ETF by 17.9% in the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock worth $22,228,289,000 after acquiring an additional 4,928,585 shares during the period. Creative Planning increased its position in iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock valued at $15,216,714,000 after acquiring an additional 505,293 shares during the last quarter. Bank of America Corp DE increased its position in iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock valued at $14,860,784,000 after acquiring an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in 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 acquiring an additional 13,946,081 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $768.81 on Thursday. The stock has a market capitalization of $893.01 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day simple moving average is $759.01 and its two-hundred day simple moving average is $726.01. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $783.09.

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.