Beacon Investment Advisory Services Inc. Sells 9,628 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Beacon Investment Advisory Services Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,767 shares of the company’s stock after selling 9,628 shares during the quarter. iShares Core S&P 500 ETF comprises 1.2% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 26th biggest holding. Beacon Investment Advisory Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $28,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in iShares Core S&P 500 ETF by 67,668.9% during the third quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after buying an additional 10,232,214 shares during the last quarter. Nisa Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $5,813,061,000. JPMorgan Chase & Co. increased its position in shares of 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. Millennium Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 54.8% in the 2nd quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock worth $3,290,590,000 after acquiring an additional 2,129,220 shares during the last quarter. Finally, Assetmark Inc. lifted its position in iShares Core S&P 500 ETF by 788.4% in the 3rd quarter. Assetmark Inc. now owns 1,179,310 shares of the company’s stock valued at $680,249,000 after acquiring an additional 1,046,567 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $610.89 on Friday. The business has a 50-day simple moving average of $598.89 and a two-hundred day simple moving average of $577.37. The company has a market capitalization of $527.14 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $485.19 and a 52-week high of $613.79.

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.