Motive Wealth Advisors Cuts Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Motive Wealth Advisors reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,427 shares of the company’s stock after selling 278 shares during the period. iShares Core S&P 500 ETF accounts for 7.4% of Motive Wealth Advisors’ portfolio, making the stock its 2nd largest position. Motive Wealth Advisors’ holdings in iShares Core S&P 500 ETF were worth $13,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 67,668.9% during the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after buying an additional 10,232,214 shares in the last quarter. Nisa Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $5,813,061,000. JPMorgan Chase & Co. boosted its stake in iShares Core S&P 500 ETF by 11.7% during the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after acquiring an additional 2,187,803 shares in the last quarter. Assetmark Inc. grew its holdings in iShares Core S&P 500 ETF by 788.4% in the third quarter. Assetmark Inc. now owns 1,179,310 shares of the company’s stock worth $680,249,000 after purchasing an additional 1,046,567 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the second quarter valued at approximately $316,169,000.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $610.89 on Friday. The firm has a market capitalization of $527.14 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm has a 50 day moving average price of $599.34 and a 200-day moving average price of $577.74. iShares Core S&P 500 ETF has a 52-week low of $485.19 and a 52-week high of $613.79.

About iShares Core S&P 500 ETF

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.