Wealthspire Advisors LLC Reduces Stake in iShares Core S&P 500 ETF $IVV

Wealthspire Advisors LLC reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 49.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,663,792 shares of the company’s stock after selling 2,593,980 shares during the period. iShares Core S&P 500 ETF makes up about 14.5% of Wealthspire Advisors LLC’s investment portfolio, making the stock its largest position. Wealthspire Advisors LLC owned about 0.24% of iShares Core S&P 500 ETF worth $1,824,538,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Legacy Private Trust Co. increased its position in shares of iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after purchasing an additional 3,711 shares during the period. Coyle Financial Counsel LLC increased its position in shares of iShares Core S&P 500 ETF by 7.1% during the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock valued at $71,723,000 after purchasing an additional 7,120 shares during the period. Hubbell Strickland Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after purchasing an additional 792 shares during the period. Belpointe Asset Management LLC increased its position in shares of iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after purchasing an additional 1,700 shares during the period. Finally, Atria Investments Inc increased its position in shares of iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock valued at $172,181,000 after purchasing an additional 30,777 shares during the period. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.6%

IVV opened at $745.14 on Friday. The stock’s 50 day simple moving average is $725.41 and its 200-day simple moving average is $698.23. iShares Core S&P 500 ETF has a 1 year low of $594.71 and a 1 year high of $764.00. The stock has a market cap of $822.82 billion, a PE 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.