Sanchez Wealth Management Group Sells 39,943 Shares of iShares Core S&P 500 ETF $IVV

Sanchez Wealth Management Group reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 96.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,431 shares of the ETF’s stock after selling 39,943 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 3.3% of Sanchez Wealth Management Group’s holdings, making the stock its 14th largest holding. Sanchez Wealth Management Group’s holdings in iShares Core S&P 500 ETF were worth $1,096,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 25.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after acquiring an additional 8,432,228 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after acquiring an additional 421,146 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 17.2% during the third quarter. Nisa Investment Advisors LLC now owns 21,395,674 shares of the ETF’s stock valued at $16,380,993,000 after purchasing an additional 3,141,233 shares during the period. Capula Management Ltd raised its stake in shares of iShares Core S&P 500 ETF by 1,374.6% during the first quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after purchasing an additional 8,478,226 shares during the period. Finally, Allianz Asset Management GmbH raised its stake in shares of iShares Core S&P 500 ETF by 386.5% during the second quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock valued at $3,577,965,000 after purchasing an additional 3,795,730 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 4.4%

NYSEARCA IVV opened at $736.21 on Friday. The company’s fifty day simple moving average is $769.74 and its 200-day simple moving average is $733.00. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03. The stock has a market cap of $843.95 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.