Cornerstone Advisors Asset Management LLC Has $31.88 Million Position in iShares Core S&P 500 ETF $IVV

Cornerstone Advisors Asset Management LLC cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% during the third quarter, Holdings Channel.com reports. The firm owned 47,624 shares of the company’s stock after selling 1,522 shares during the period. iShares Core S&P 500 ETF makes up 5.6% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 5th biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $31,879,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Falcon Wealth Planning boosted its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Falcon Wealth Planning now owns 4,141 shares of the company’s stock valued at $2,771,000 after buying an additional 15 shares in the last quarter. Atwood & Palmer Inc. boosted its stake in iShares Core S&P 500 ETF by 0.9% in the third quarter. Atwood & Palmer Inc. now owns 1,775 shares of the company’s stock valued at $1,188,000 after acquiring an additional 15 shares in the last quarter. Cathy Pareto & Associates Inc. grew its holdings in iShares Core S&P 500 ETF by 2.7% in the third quarter. Cathy Pareto & Associates Inc. now owns 578 shares of the company’s stock worth $387,000 after purchasing an additional 15 shares during the last quarter. Balanced Wealth Group LLC increased its position in shares of iShares Core S&P 500 ETF by 0.8% during the third quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock worth $1,196,000 after purchasing an additional 15 shares in the last quarter. Finally, Wealth Watch Advisors INC lifted its holdings in shares of iShares Core S&P 500 ETF by 1.5% during the 2nd quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock valued at $682,000 after purchasing an additional 16 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $698.54 on Tuesday. The stock’s fifty day moving average price is $689.55 and its 200 day moving average price is $670.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $700.97. The company has a market cap of $765.98 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.