Rede Wealth LLC Lowers Stock Position in iShares Core S&P 500 ETF $IVV

Rede Wealth LLC trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 36.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,752 shares of the company’s stock after selling 3,800 shares during the quarter. iShares Core S&P 500 ETF makes up 3.5% of Rede Wealth LLC’s holdings, making the stock its 7th biggest position. Rede Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $4,519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of IVV. Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P 500 ETF by 3.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after buying an additional 1,190,963 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Core S&P 500 ETF by 18.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after acquiring an additional 4,378,977 shares during the period. Creative Planning increased its holdings in iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after acquiring an additional 398,230 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares Core S&P 500 ETF by 0.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock worth $9,546,567,000 after acquiring an additional 105,099 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in iShares Core S&P 500 ETF by 18.5% in the 1st quarter. Jones Financial Companies Lllp now owns 14,282,483 shares of the company’s stock valued at $7,971,434,000 after acquiring an additional 2,230,832 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.0%

NYSEARCA IVV opened at $692.55 on Friday. The company has a market cap of $767.00 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $697.02. The firm’s 50-day simple moving average is $682.93 and its two-hundred day simple moving average is $660.76.

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. 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.