iShares Core S&P 500 ETF $IVV is Palisades Hudson Asset Management L.P.’s 4th Largest Position

Palisades Hudson Asset Management L.P. reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 27.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,108 shares of the company’s stock after selling 7,982 shares during the period. iShares Core S&P 500 ETF accounts for approximately 5.6% of Palisades Hudson Asset Management L.P.’s portfolio, making the stock its 4th largest position. Palisades Hudson Asset Management L.P.’s holdings in iShares Core S&P 500 ETF were worth $14,457,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Cathy Pareto & Associates Inc. raised its stake in iShares Core S&P 500 ETF by 2.7% in the third quarter. Cathy Pareto & Associates Inc. now owns 578 shares of the company’s stock worth $387,000 after buying an additional 15 shares in the last quarter. Balanced Wealth Group LLC raised its stake in iShares Core S&P 500 ETF by 0.8% in the third quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock worth $1,196,000 after buying an additional 15 shares in the last quarter. Nicollet Investment Management Inc. raised its stake in iShares Core S&P 500 ETF by 1.0% in the third quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock worth $991,000 after buying an additional 15 shares in the last quarter. Anchor Investment Management LLC raised its stake in iShares Core S&P 500 ETF by 3.1% in the third quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock worth $337,000 after buying an additional 15 shares in the last quarter. Finally, Wealth Effects LLC raised its stake in iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock worth $2,929,000 after buying an additional 15 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $722.07 on Friday. iShares Core S&P 500 ETF has a 1 year low of $558.69 and a 1 year high of $723.15. The company has a market cap of $794.78 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average of $681.91 and a 200 day moving average of $683.82.

iShares Core 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. 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.