iShares S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in iShares S&P 500 ETF (NYSEARCA:IVV) by 6.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 18,441,032 shares of the company’s stock after selling 1,368,822 shares during the period. iShares S&P 500 ETF accounts for 4.8% of Envestnet Asset Management Inc.’s portfolio, making the stock its biggest position. Envestnet Asset Management Inc.’s holdings in iShares S&P 500 ETF were worth $7,336,211,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. RWM Asset Management LLC bought a new stake in iShares S&P 500 ETF in the fourth quarter valued at approximately $6,644,000. Soltis Investment Advisors LLC boosted its holdings in shares of iShares S&P 500 ETF by 27.3% during the 4th quarter. Soltis Investment Advisors LLC now owns 45,261 shares of the company’s stock worth $16,990,000 after buying an additional 9,703 shares in the last quarter. Marietta Wealth Management LLC boosted its holdings in shares of iShares S&P 500 ETF by 11.7% during the 4th quarter. Marietta Wealth Management LLC now owns 7,655 shares of the company’s stock worth $2,874,000 after buying an additional 804 shares in the last quarter. Private Advisory Group LLC boosted its holdings in shares of iShares S&P 500 ETF by 15.4% during the 4th quarter. Private Advisory Group LLC now owns 17,695 shares of the company’s stock worth $6,642,000 after buying an additional 2,358 shares in the last quarter. Finally, Access Financial Services Inc. lifted its holdings in shares of iShares S&P 500 ETF by 109.8% in the 4th quarter. Access Financial Services Inc. now owns 10,601 shares of the company’s stock worth $3,980,000 after purchasing an additional 5,547 shares in the last quarter.

Shares of IVV traded up $4.61 during trading hours on Friday, reaching $416.42. The stock had a trading volume of 121,848 shares, compared to its average volume of 4,556,692. iShares S&P 500 ETF has a 12 month low of $275.00 and a 12 month high of $424.43. The firm has a 50-day simple moving average of $412.04 and a 200 day simple moving average of $383.75.

iShares 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.

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

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