MainStreet Investment Advisors LLC Sells 1,735 Shares of iShares Core S&P 500 ETF $IVV

MainStreet Investment Advisors LLC trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,849 shares of the company’s stock after selling 1,735 shares during the period. iShares Core S&P 500 ETF makes up 1.8% of MainStreet Investment Advisors LLC’s investment portfolio, making the stock its 14th largest holding. MainStreet Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $13,285,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVV. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $331,591,000. Bison Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after purchasing an additional 1,511 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after buying an additional 45 shares during the last quarter. Ethic Inc. grew its position in iShares Core S&P 500 ETF by 42.5% during the second quarter. Ethic Inc. now owns 1,378 shares of the company’s stock valued at $851,000 after buying an additional 411 shares during the period. Finally, Collaborative Wealth Managment Inc. grew its position in iShares Core S&P 500 ETF by 5.7% during the second quarter. Collaborative Wealth Managment Inc. now owns 1,269 shares of the company’s stock valued at $788,000 after buying an additional 68 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.7%

IVV opened at $692.50 on Monday. The firm’s 50 day simple moving average is $690.48 and its two-hundred day simple moving average is $675.40. The company has a market capitalization of $761.20 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $700.97.

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.