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

MainStreet Investment Advisors LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,849 shares of the company’s stock after selling 1,735 shares during the period. iShares Core S&P 500 ETF accounts for about 1.8% of MainStreet Investment Advisors LLC’s investment portfolio, making the stock its 14th largest position. MainStreet Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $13,285,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Core S&P 500 ETF by 3.8% in the 2nd 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 period. Envestnet Asset Management Inc. raised its stake in iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after purchasing an additional 201,983 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P 500 ETF by 18.3% during the second 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 last quarter. 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 valued at $13,802,591,000 after acquiring an additional 398,230 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in iShares Core S&P 500 ETF by 3.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after purchasing an additional 601,254 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.7%

IVV opened at $692.50 on Monday. The company has a market capitalization of $761.20 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a 50-day simple moving average of $690.48 and a two-hundred day simple moving average of $675.40. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week 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.