Evermay Wealth Management LLC Cuts Position in iShares Core S&P 500 ETF $IVV

Evermay Wealth Management LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,646 shares of the company’s stock after selling 2,017 shares during the period. iShares Core S&P 500 ETF makes up 3.3% of Evermay Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Evermay Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $26,479,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after buying an additional 2,160,133 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after buying an additional 768,618 shares in the last quarter. New Vernon Capital Holdings II LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after buying an additional 5,708,115 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after buying an additional 146,638 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $674.43 on Wednesday. The stock has a market capitalization of $707.38 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $677.20. The stock’s 50 day moving average price is $659.21 and its two-hundred day moving average price is $616.12.

iShares Core S&P 500 ETF 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.