iShares Core S&P 500 ETF (NYSEARCA:IVV) is Cetera Investment Advisers’ Largest Position

Cetera Investment Advisers reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,137,191 shares of the company’s stock after selling 128,742 shares during the period. iShares Core S&P 500 ETF accounts for 2.7% of Cetera Investment Advisers’ portfolio, making the stock its biggest position. Cetera Investment Advisers’ holdings in iShares Core S&P 500 ETF were worth $1,169,536,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in iShares Core S&P 500 ETF by 21.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock worth $19,725,973,000 after buying an additional 6,319,531 shares during the last quarter. Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 34.5% during the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock worth $12,319,789,000 after purchasing an additional 5,774,400 shares in the last quarter. Creative Planning lifted its position in iShares Core S&P 500 ETF by 2.5% in the second quarter. Creative Planning now owns 21,110,972 shares of the company’s stock valued at $11,552,557,000 after purchasing an additional 509,048 shares during the period. JPMorgan Chase & Co. boosted 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 purchasing an additional 7,615,287 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of iShares Core S&P 500 ETF by 1.8% during 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 buying an additional 237,585 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock opened at $576.57 on Tuesday. The stock’s 50 day moving average price is $555.51 and its 200 day moving average price is $539.83. The company has a market cap of $497.52 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $577.47.

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.