MinichMacGregor Wealth Management LLC Sells 465 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

MinichMacGregor Wealth Management LLC lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,776 shares of the company’s stock after selling 465 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.9% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. MinichMacGregor Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $9,100,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of iShares Core S&P 500 ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after buying an additional 6,319,531 shares during the period. Marshall Wace LLP boosted its holdings in iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after acquiring an additional 5,774,400 shares during the last quarter. Creative Planning increased its position in iShares Core S&P 500 ETF by 1.2% during the 3rd quarter. Creative Planning now owns 21,368,471 shares of the company’s stock valued at $12,325,761,000 after purchasing an additional 257,499 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares Core S&P 500 ETF by 60.7% during the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after purchasing an additional 7,615,287 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 13,683,639 shares of the company’s stock worth $7,488,098,000 after purchasing an additional 237,585 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded up $4.21 during trading hours on Tuesday, hitting $576.78. 542,485 shares of the stock were exchanged, compared to its average volume of 5,073,803. iShares Core S&P 500 ETF has a fifty-two week low of $435.37 and a fifty-two week high of $588.93. The business has a 50-day moving average of $571.88 and a 200-day moving average of $550.60. The firm has a market capitalization of $497.70 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.