iShares Core S&P 500 ETF $IVV is Sterling Investment Advisors LLC ADV’s 2nd Largest Position

Sterling Investment Advisors LLC ADV decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 37,627 shares of the company’s stock after selling 2,404 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 12.5% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 2nd largest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares Core S&P 500 ETF were worth $25,184,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in iShares Core S&P 500 ETF by 18.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock valued at $17,553,830,000 after purchasing an additional 4,378,977 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in iShares Core S&P 500 ETF by 56.2% in the third quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock worth $8,001,639,000 after purchasing an additional 4,301,015 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in iShares Core S&P 500 ETF by 63,164.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,748,222 shares of the company’s stock valued at $1,706,371,000 after buying an additional 2,743,878 shares in the last quarter. Soundwatch Capital LLC boosted its stake in iShares Core S&P 500 ETF by 474.9% in the second quarter. Soundwatch Capital LLC now owns 1,507,952 shares of the company’s stock valued at $936,287,000 after acquiring an additional 1,245,649 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after purchasing an additional 1,190,963 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $694.66 on Tuesday. The firm has a market capitalization of $772.43 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $685.05 and a 200 day simple moving average of $665.29. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $699.17.

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.