Gradient Capital Advisors LLC Reduces Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Gradient Capital Advisors LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,158 shares of the company’s stock after selling 3,002 shares during the period. iShares Core S&P 500 ETF accounts for about 10.1% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its largest holding. Gradient Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $27,421,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 33,734,819 shares of the company’s stock valued at $16,112,762,000 after buying an additional 1,118,746 shares in the last quarter. Creative Planning increased its holdings in shares of iShares Core S&P 500 ETF by 0.7% in the fourth quarter. Creative Planning now owns 20,109,262 shares of the company’s stock valued at $93,763,000 after buying an additional 146,157 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Core S&P 500 ETF by 86.9% in the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after buying an additional 8,316,251 shares in the last quarter. Morgan Stanley increased its holdings in shares of iShares Core S&P 500 ETF by 42.9% in the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after buying an additional 5,277,616 shares in the last quarter. Finally, First Command Advisory Services Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 0.6% in the fourth quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after buying an additional 50,070 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $547.23 on Monday. The stock has a market capitalization of $472.20 billion, a P/E 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 $553.25. The business’s fifty day moving average is $529.89 and its two-hundred day moving average is $510.05.

iShares Core S&P 500 ETF Company 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.