AlphaStar Capital Management LLC Trims Stock Position in iShares S&P 500 ETF (NYSEARCA:IVV)

AlphaStar Capital Management LLC trimmed its holdings in iShares S&P 500 ETF (NYSEARCA:IVV) by 73.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 3,084 shares of the company’s stock after selling 8,560 shares during the period. AlphaStar Capital Management LLC’s holdings in iShares S&P 500 ETF were worth $1,059,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of IVV. Bank of America Corp DE grew its position in iShares S&P 500 ETF by 58.1% during the second quarter. Bank of America Corp DE now owns 28,344,283 shares of the company’s stock worth $8,777,941,000 after buying an additional 10,420,244 shares during the period. First Command Advisory Services Inc. boosted its position in shares of iShares S&P 500 ETF by 110.6% in the second quarter. First Command Advisory Services Inc. now owns 10,844,004 shares of the company’s stock worth $740,706,000 after buying an additional 5,695,438 shares during the period. Morgan Stanley boosted its position in shares of iShares S&P 500 ETF by 39.7% in the first quarter. Morgan Stanley now owns 8,945,215 shares of the company’s stock worth $2,311,444,000 after buying an additional 2,541,810 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 ETF by 12.3% in the third quarter. Envestnet Asset Management Inc. now owns 19,405,658 shares of the company’s stock worth $6,521,461,000 after buying an additional 2,119,422 shares during the period. Finally, Municipal Employees Retirement System of Michigan boosted its position in shares of iShares S&P 500 ETF by 61.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,268,457 shares of the company’s stock worth $1,770,518,000 after buying an additional 2,001,908 shares during the period.

Shares of NYSEARCA IVV traded down $3.53 on Friday, hitting $327.62. The company had a trading volume of 6,634,052 shares, compared to its average volume of 5,820,283. iShares S&P 500 ETF has a 12-month low of $220.28 and a 12-month high of $360.26. The business has a 50 day moving average of $339.26 and a two-hundred day moving average of $320.28.

About iShares 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.

See Also: What is required to own or exchange cryptocurrency?

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 ETF (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

Receive News & Ratings for iShares S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.