Biechele Royce Advisors Sells 515 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Biechele Royce Advisors reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,592 shares of the company’s stock after selling 515 shares during the quarter. Biechele Royce Advisors’ holdings in iShares Core S&P 500 ETF were worth $918,000 at the end of the most recent reporting period.

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

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $573.72 on Friday. The firm has a market cap of $495.06 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock’s fifty day moving average price is $571.70 and its two-hundred day moving average price is $549.77. iShares Core S&P 500 ETF has a one year low of $428.48 and a one year high of $588.93.

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.