iShares Core S&P 500 ETF $IVV Stock: ORBA Wealth Advisors L.L.C. Trims Holdings

ORBA Wealth Advisors L.L.C. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 approximately 1.1% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 26th largest holding. ORBA Wealth Advisors L.L.C.’s holdings in iShares Core S&P 500 ETF were worth $1,324,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in 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 buying an additional 8,432,228 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in 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 acquiring an additional 421,146 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 17.2% in 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 acquiring an additional 3,141,233 shares during the last quarter. Capula Management Ltd raised its holdings in iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after acquiring an additional 8,478,226 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in iShares Core S&P 500 ETF by 386.5% in the 2nd 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 currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV opened at $773.25 on Wednesday. The company’s 50 day simple moving average is $770.91 and its two-hundred day simple moving average is $730.71. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The firm has a market capitalization of $886.61 billion, a price-to-earnings 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.